In April, many Californians will have the opportunity to participate in a new program that will help qualified applicants to be the first in their family to own a home through a new program that has been introduced by the California Housing Finance Agency (CalHFA) called the “Dream For All” (DFA) Shared Application Loan Program
The high cost of housing, predatory financing programs, and the temporary nature of a critical government assistance program are all factors making it harder for Black Californians to buy homes — or keep the ones they already own. Policy leaders, building industry organizations and other concerned advocates are expressing concern that, if left unchecked, this crisis could worsen. “We have a massive housing shortage, and we should do everything we can to increase the production of housing throughout the entire state, not just infill areas,” said Cornelius Burke, Vice President of Legislative Affairs at the California Building Industry Association (CBIA).