California Record
Stockton
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First-Time Homebuyer Down Payment Assistance

Summary

The PLHA plan amendment shifts about $1.8 million that was meant for a never-created housing trust fund into down payment and closing cost help for first-time homebuyers.

At a glance

Total mentions
4
Last 30 days
0

Last discussed May 20, 2026.

Impact analysis

๐Ÿ’ฐFinancial impact

Up to $10.27 million in state PLHA funds over five years are at stake.

โœ…Who benefits

First-time homebuyers at or below 120% of area median income.

โš ๏ธWho could be affected

Projects not funded, including Visionary's Don Shelvy apartments and the Rule Building youth housing, left waiting for the next funding cycle.

Mentions & discussions (5)

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