$150,000 housing help opens February 24: Who qualifies for the state’s ‘Dream for All’ program

$200 million is now available for California first-time homebuyers under the Dream For All down payment assistance program reopening February 24. Eligible first-generation buyers can receive up to $150,000 through a state-backed shared appreciation loan. Applications close March 16. Selection happens by lottery. Income limits apply. Repayment includes 15% to 20% of home value gains. The program targets California’s housing affordability crisis and rising median home prices.