The City of Pomona provides housing programs that assist the first time home buyer and encourages the development of affordable housing for low to moderate income residents.
First Time Homebuyer
The First Time Homebuyer Program (MAP) is a deferred loan program that provides eligible families with GAP financing to secure financing for the purchase of a single-family home or condominium in Pomona
MAP assists up to $60,000 for CalHome (HCD) income households and up to $100,000 for HOME (HUD) income households with a second trust deed (silend second)
**ONLY funding for up to $60,000 is available for FY 2015-2016
For more information and to apply for a first trust deed, plese contact a participating loan officer from the approved participating lender list
|Click here for current list of participating lenders|
Interested in becoming a participating lender?
If you are a licensed Loan Officer and would like to become a participating lender please click here. Participating Lender Interest Form
The Homebuyer may not have had ownership interest in a residential property within the past three (3) years. The Homebuyer's household gross income cannot be more than the following current income limits per year:
Home Low-Income Limits** As of 06/01/15
1 Person $46,500 5 Persons $71,750
2 Persons $53,150 6 Persons $77,050
3 Persons $59,800 7 Persons $82,350
4 Persons $66,400 8 Persons $87,650
CalHome Low-Income Limits** As of 04/15/15
1 Person $47,850 5 Persons $73,800
2 Persons $54,650 6 Persons $79,250
3 Persons $61,500 7 Persons $84,700
4 Persons $68,300 8 Persons $90,200
**Subject to change without notice.
The City of Pomona continues to help individuals and families achieve the dream of becoming homeowners. The testimonials below are from a few proud City of Pomona homeowners who received First-time Homebuyer Mortgage Assistance Program (MAP) assistance.
The Gonzales Family
The City of Pomona is committed to maintaining and improving the City's housing stock. To that end, the Housing Division offers financial assistance to developers interested in developing infill housing sites, acquiring and rehabilitating dilapidated residential buildings and developing new housing projects such as the Mission Promenade mixed-use housing project or the senior housing development project, Serenity Villas. For more information on these outstanding projects, please contact the Housing Division at 909-620-3789.
Senior Housing Development
Several Affordable Senior Apartment have been developed, these projects have been financed utilizing a number of resources including housing set aside funds, tax credits, and HUD section 202 funds. For more information on senior housing development, please contact the Housing Division at 909-620-3789.
Useful Housing Websites:
HUD's Official Web Site-
100 Questions and Answers about Buying a home.
How to Buy A Foreclosed Home from HUD?
To Look for A For-Sale Home.
I Already Own A Home And I Have Questions on….
How to Obtain Help If I'm Losing My Home?
How Do I Avoid A Foreclosed?
Real Estate Dictionary
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