California Dream for All Program

[Allen Parker]

Recently learned about this program was going to speak with one of the preferred loan officers available on their website but figured id send some feelers out here first in the bigger pockets community. So please, any lender out there with knowledge (or the ability to work with this)  reach out to me! Love to use a biggerpockets member verse a random person!

[Erik Estrada]

Quote from @Allen Parker:

Recently learned about this program was going to speak with one of the preferred loan officers available on their website but figured id send some feelers out here first in the bigger pockets community. So please, any lender out there with knowledge (or the ability to work with this)  reach out to me! Love to use a biggerpockets member verse a random person!

 Hey Allen, 

What questions did you have about this program? 

[Shaun Weekes]

Quote from @Allen Parker:

Recently learned about this program was going to speak with one of the preferred loan officers available on their website but figured id send some feelers out here first in the bigger pockets community. So please, any lender out there with knowledge (or the ability to work with this)  reach out to me! Love to use a biggerpockets member verse a random person!

I get bulletin updates from CalHfa to stay in the loop.  The program is being paused as they will most likely have funds used up by the next week.

Here is the exact verbiage from CalHfa.

I hope this helps and have a good one.

Program Bulletin #2023-03

CalHFA to Pause the Dream For All Shared Appreciation Loan CalHFA anticipates that all funds currently available for the Dream For All Shared Appreciation Loan could be fully committed as soon as April 10, 2023. However, all loans must be rate locked no later than 3 p.m. PST on April 12, 2023, or when the available funds become fully committed, whichever is sooner. Loan files that do not have rate locks by that time will not be funded. Loan files attached to floating reservations are not committed and will be cancelled the day after the program pauses. For all the details please read Program Bulletin #2023-03 - CalHFA to Pause the Dream For All Shared Appreciation Loan Additionally, CalHFA is aware that some homebuyers are experiencing backlogs with the one-on-one counseling portion of the Homebuyer Education requirement and has worked with eHome America to address this issue by adding more than a dozen additional housing counselors, and prioritizing appointments by closing date.