Locals Launch Home Buyer Grant Program

The Silicon Valley and the Santa Clara County associations of REALTORS® are using a $100,000 grant from the California Association of REALTORS® Housing Affordability Fund to aid first-time home buyers in their area. Through the grant, first-time home ­buyers can receive up to $5,000 toward their closing costs. Because of the extraordinary cost of housing—where the median price of a single-family home is about $1.1 million—the grant program is attracting a lot of positive press for the associations. “We are extremely excited to contribute to the affordable housing efforts in a community where affordable housing is almost non-existent,” the associations said in a statement. For more, visit housingtrustsv.org.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.


About AExperience

All state and local REALTOR® association executives, association communication directors, regional MLS executives, and Government Affairs Directors receive AExperience at no cost. Issues are mailed to the address found in NAR’s M1 system. To update your AExperience subscription preferences, update your mailing address in M1.

Update your address