Assistance for Homebuyers in the Region
Regional Homebuyer Assistance Programs
Learn more about the current status of several local and regional resources for first time homebuyers looking to purchase in Nevada County, Placer County and/or the Town of Truckee by following the links below.
- Nevada County: HOME Down Payment Assistance Program
- Placer County: First Time Homebuyer Down Payment Assistance Program
- Placer County: Workforce Housing Preservation Program
- Town of Truckee: First-Time Homebuyer Program – BEGIN Reuse Funds
- First-Time Homebuyer Program – Cal Home Reuse Funds
- GSFA (Golden State Finance Authority) Down Payment Assistance
- CA Housing Community Development Department (HCD) Mobile Home Fee Waiver Program
- WISH and IDEA First-Time Homebuyer Programs
Martis Fund Homebuyer Assistance Program
Workforce housing is a major priority for the Martis Fund. Since 2016, the Martis Fund has invested over $2.2 million into its Down Payment Assistance Program (DPAP) to 54 households who live and work in the TTUSD school district with income levels up to 180% AMI, by providing a loan up to 10% of the purchase price (up to $50,000). For more information about the program please contact Sierra Business Council, DPAP Program Administrator, Gina Jones at gkjones@sierrabusiness.org and Down Payment Assistance Program Information
Data/Statistics:
Average Household Size: 2.61
Average Percent of Median Income: 134%
Average Purchase Price: $436,120
Average Martis Fund Loan Amount: $41,378