With housing prices continuing to climb in the region, many first-time buyers have had a hard time breaking into the Santa Cruz real estate market. To help alleviate some of the financial pressures these buyers are facing in the Silicon Valley , Housing Trust Silicon Valley is helping home buyers with a new Homebuyer Empowerment Loan Program (H.E.L.P.), which will become available to help households with incomes that are up to 140% of the area's median income to buy a market-rate home.
Here’s everything you need to know about the latest loan program for first-time home buyers in Silicon Valley.
Funding Assistance For Your First Home in Silicon Valley
The Homebuyer Empowerment Loan Program will assist middle-income earners looking to buy…