Down Payment Assistance for Market-Rate Units

First Time Homebuyer Loan Program


The First Time Homebuyer (FTHB) Loan Program provides down payment assistance to households at or below moderate income that are purchasing a market-rate or co-op home in Emeryville, in the form of a low-interest, deferred-payment loan.

Key program details include the following:

  • The loan interest rate is 75% of the first mortgage interest rate, or 5%, whichever is less.
  • The borrower must make at least a 3% down payment and occupy the unit as a primary residence during the duration of the loan term.
  • The loan amount may be no greater than 150% of the buyer’s down payment amount and no greater than 20% of the full purchase price.
  • The sale price may not exceed the maximum affordable sales price for moderate-income households. To view the current price limits, which the City updates annually and vary based on the number of bedrooms, see this table (PDF).
  • The loan is due upon sale or transfer, when the unit ceases to be owner-occupied, or in 30 years, whichever comes first.

More Information


  • Complete FTHB Program Guidelines (PDF)
  • For more information or to apply for down payment assistance, please contact the Homebuyer desk at (510) 596-4303 or by emailing homebuyer@emeryville.org.