Santa Ana Allocates $1.2 Million to First-Time Homebuyer Program-US News | The Epoch Times

Santa Ana is expanding a loan assistance program by $1.2 million to help first-time homebuyers purchase homes within the city. Recipients can receive their loans with a zero percent interest fee. “Buying a home isn’t easy these days, so we’re thrilled to provide additional assistance to Santa Ana residents so they can sink roots here in our community,” Mayor Vicente Sarmiento said in a Nov. 23 statement. The additional funding toward the program was made possible through the Inclusionary Housing fund, collected from developer fees to assist with affordable housing, Santa Ana spokesperson Paul Eakins told The Epoch Times. Since the early 1990s, down payment assistance has been available in Santa Ana with the amount of funding changing over time. “The program has helped many families over the last 30 years,” Eakins said. In the 2019–2020 fiscal year, 11 households within the city benefited from the program and more are foreseen …

Vanessa Serna

Leave a Reply

Your email address will not be published.

Next Post

Migrant Boat Capsizes in English Channel; at Least 31 Dead-The Associated Press

Wed Nov 24 , 2021
CALAIS, France—At least 31 migrants bound for Britain died Wednesday when their boat sank in the English Channel. French Interior Minister Gerald Darmanin said 34 people were believed to have been on the boat. Authorities found 31 bodies—including those of five women and a young girl—and two survivors, he said. […]

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.