Homeownership Opportunities

The City of Napa has Down Payment Assistance Program is funded through grant funds received from the State of California's Department of Housing and Community Development. The City's Down Payment assistance is in the form of a silent (deferred) loan.   Currently, there are two funding sources available and their eligibility criteria are listed below:

HOME PROGRAM CRITERIA:

  • Gross annual income does not exceed 80% of the median income for Napa County, adjusted for family size
  • City will loan 30% of the purchase price
  • 30 year loan, deferred payments for the 30 years
  • 1.0% simple interest rate
  • Funds can be used to purchase homes within the city limits of Napa
  • Maximum purchase price limit: $470,000
  • Buyer must have 1% of purchase price as their share of the transaction.  (Cannot include seller credits)
  • Buyer must be able to qualify for a fixed rate mortgage loan, no ARM's allowed
  • Minimum credit score of 620
  • Buyers cannot have owned a home within the last three years
  • Modest Home-maximum 3 bedroom, 2 bath, unless family size requires a larger home
  • The property must be owner-occupied or vacant at least 90 days prior to the purchase agreement being presented
  • Home must pass Housing Quality Standards inspection
  • Loan is a deferred second mortgage behind a first mortgage loan
  • Attend first time homebuyer workshop
 

CALHOME PROGRAM CRITERIA:

  • Gross Annual Income does not exceed 80% of median income for Napa County, adjusted for family size
  • City will loan up to $58,000, or 30% of the purchase price, whichever is less
  • 1.0% simple interest rate, deferred payments
  • 30 year loan, deferred payments for the 30 years
  • Funds can be used to purchase homes within city limits of Napa
  • Maximum purchase price limit, $625,000
  • Buyer must have 1% of purchase price as their share of the transaction. (Cannot include seller credits)
  • Buyer must be able to qualify for a fixed rate mortgage loan, no ARM's allowed
  • Minimum credit score of 620
  • Buyer cannot have owned a home in the last three years
  • Loan is a second mortgage behind a first mortgage loan
  • Attend first time homebuyer workshop

Down Payment Assistance for Mobile Or Manufactured Homes

  • Gross annual income does not exceed 80% of median income for Napa County, adjusted for family size
  • City will loan up to $58,000 or 30% of the purchase price, whichever is less 
  • 20 year deferred payment - forgivable loan
  • 0% interest rate
  • Loan forgiveness starting year 11 of the loan
  • Funds can be used to purchase a 1974 or newer mobile or manufactured home within the city limits of Napa
  • Buyer must be able to qualify for a first mortgage loan
  • Buyer must have at least 1.0% of the purchase price as their share of the transaction
  • Buyers cannot have owned a home or mobile home within the past three years
  • Minimum credit score of 620
  • Attend a first time homebuyer workshop

ANNUAL INCOME LIMIT
Persons
Per
Household 
80%
of
Median Income 
1 52,150
2 59,600
3 67,050
4 74,500
5 80,500
6 86,450
7 92,400
8 98,350

 

Click Here for a: First Time Homebuyer Program Application- English

Presione aqui para una: Solicitud para el Programa de Primeros Compradores- Español

First Time Homebuyer Affordable Housing Workshops 

The next available workshop will be January 17th at 6:30 p.m. at The City of Napa Housing Authority office located at 1115 Seminary Street.  Seating is limited.  To register, please call Andrea Clark at (707) 257-9254 or via email at This email address is being protected from spambots. You need JavaScript enabled to view it.

Opportunities in Napa County

For information on other homeownership programs and opportunities within Napa County, including the Cities of American Canyon, St. Helena, Calistoga and the Town of Yountville, contact us at 707-257-9254 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..  Other program requirements and restrictions may be different, depending on funding source and location. Differences include income limits, loan amounts and repayment terms.

Have additional questions? Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or at 707-257-9254.

Burbank Housing (Redwood Duets)

Information on purchasing units at Burbank Housing’s, Redwood Duet project can be found here: http://www.burbankhousing.org/homeowner/redwood-road/.  Burbank Housing will be holding project meetings in December.  For additional information, email Burbank Housing at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 1-708-890-6383.