Homeownership Assistance

Funds are available. 

The Housing Trust has low-interest, down payment or closing cost loan or grant programs for low to middle–income households. Since 2001, 40% of all loans have been made to low-income families with the remainder going to those with moderate-incomes. Eligibility for the loan programs are determined by the gross annual household income, household size, loan repayment terms and maximum loan amount.

Each program has its own program guidelines. See Program Matrix below.

For updates and upcoming workshops/homebuyer fairs, click here to join the interest list


Easy Steps

  1. Email an Intake Form
  2. Attend an 8-hour Homebuyer Education Class
  3. Contact HTSV for Prescreen & Lender List
  4. Submit Eligibility Application
  5. Receive Pre-Approval for Down Payment Asssistance
  6. Shop for Your Home



  1. Review Steps to Homeownership
  1. Email a Homeownership Assistance Intake form to homebuyer@housingtrustsv.org and receive pre-purchase counseling.
  1. All borrowers (including non-borrowing spouses) attend an in-person HUD certified 8 hour Homebuyer Education class through Project Sentinel. Visit Project Sentinel website for upcoming classes.
  1. For a Lender referral, contact HTSV to complete your prescreening and find a Preferred/Certified Loan Officer (lender) for Lender Pre-approval. A Lender Preapproval letter is required to determine Program Eligibility.

Contact us at homebuyer@housingtrustsv.org for a Preferred Loan Officer list or verification of  loan officer certification.



HOW TO APPLY  Program Eligibility Determination is required prior to purchasing a home

  1. After receiving a Lender Pre-approval, the first-time homebuyer completes the Homebuyer Assistance Program Eligibility Application and sets an appointment to submit along with the required documents.
  2. Upon eligibility determination, applicants receive a Program Eligibility/Pre-Approval letter. Applicants can now purchase a market-value home.

 After Property Selection and Purchase Agreement Signed-Purchase Loan Application

Loan Officer completes Homebuyer Assistance Program Purchase Loan Application and submits with required documents to the Housing Trust within 10 days.

For more information, contact the Homeownership Programs Team at homebuyer@housingtrustsv.org or (408) 436-3450.



Click on the Program Name in the chart below for more information

Program Matrix Gap Assistance (GAP) Homebuyer Empowerment Loan Program (HELP)
Max. Loan Amount 20% of the purchase price, up to $95,000 Up to 10% of the purchase price
Interest Rate 3% simple interest, accrues annually Share of Appreciation
Term/ Maturity Date 30 years 30 years
Monthly Payments(Principal & Interest) Deferred Deferred
Program Market Area Santa Clara County Santa Clara County San Mateo County (cities of East Palo Alto and Menlo Park only)
First-Time Homebuyer Status Required Yes Yes
8-Hour Homebuyer Education Class Required Yes Yes
Maximum Gross Household Income Limit Low (80% of Area Median Income) Up to 140% of Area Median Income
Minimum Credit Score 620 680
Asset Limits $60,000 $125,000
HTSV Pre-Approval Required Yes Yes
Maximum Purchase Price of Home $582,500 $800,000
Owner Occupancy Required Yes- Annual Monitoring/Compliance Check Yes- Annual Monitoring/Compliance Check
First Mortgage Requirement 30 Year Fully Amortized Fixed Rate Mortgage Only- No Adjustable Rate or Interest Only Mortgages Allowed 30 Year Fully Amortized Fixed Rate Mortgage Only- No Adjustable Rate or Interest Only Mortgages Allowed
Minimum/Maximum Loan to Value (LTV) 70% Minimum/ See Guidelines for Maximum 70% / 87%
Combined Loan to Value (CLTV) 100% Cannot exceed 97%

Non-Discrimination Policy

Housing Trust Silicon Valley does not discriminate against any persons on the grounds of race, color, religion, national origin, ancestry, sex, gender, gender identity, gender expression, sexual orientation, marital status, familial status, source of income, genetic information, medical condition, physical disability or mental disability, or any other category protected by law.