California program for first-time homebuyers begins accepting applications – NBC Los Angeles nbclosangeles.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbclosangeles.com Daily Mail and Mail on Sunday newspapers.
California Dream For All Shared Appreciation loan program, designed to help make home-buying easier for prospective buyers in the Golden State, is already running out of money.
The price tag is capturing a lot of interest, but the income limit set by law means that those who do qualify would still need help purchasing the unit meaning it would still be be out of reach for most.