PRESS RELEASE
Sacramento, CA, May 2, 2022 – Golden State Finance Authority (GSFA) is excited to announce NEW homebuyer assistance, effective immediately, for GSFA Member County Employees purchasing or refinancing a home in the same County of their employment. The GSFA Member County “Assist-to-Own” feature, built into the existing GSFA Platinum Program, provides down payment and closing cost assistance (DPA), up to 5.5%, combined with attractive First Mortgage interest rates.
Golden State Finance Authority
1215 K Street, Suite 1650
Sacramento, CA 95814
Meet Edwin and Blanca Miranda, new homeowners living in Stockton, California with their two kids. Previously living in the Bay Area of California and paying $2,100 in monthly rent for a 700 square-foot one-bedroom apartment with two children, the Miranda’s made a decision to pursue becoming homeowners.
GSFA is a local housing finance authority and a duly constituted public entity and agency, organized in 1993 and existing under and by virtue of Title 1 of the Government Code of the State of California (Articles 1-4 of Chapter 5 of Division 7).
GSFA has supported affordable homeownership in California for over two decades, providing homeownership programs featuring competitive interest rates and down payment assistance.
Over the past 29 years, GSFA has helped more than 84,200 individuals and families purchase homes and provided financing for 34,900 residential or commercial energy efficiency projects.
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