Up to $60,000 for downpayment; Introductory Workshop May 19th
By Walter Zhovreboff, Administrative Director, Bay Area Affordable Homeownership Alliance, City of Concord Program Administrator
Tuesday May 19, 2026 6PM to 7:30PM
The City of Concord, along with the Bay Area Affordable Homeownership Alliance (BAAHA) and A-1 Housing Community Services (A-1 CHS), is hosting a workshop to introduce Concord’s First Time Home Buyer program. The virtual zoom workshop will be held from 6:00pm to 7:30pm on Tuesday May 19, 2026.
Concord’s First Time Home Buyer Program (FTHB) assists low- to moderate-income first-time homebuyers with purchasing a home in Concord. The FTHB loan does not charge an interest rate or require monthly payments. The loan must be repaid in full within 15 years, at which point the City receives the original principal amount plus a share of the home’s increased value.
The FTHB program provides the following valuable resources.
- Down Payment Assistance Funds – Eligible low- to moderate-income first-time homebuyers could receive up to $60,000 through the City FTHB; and up to an additional $40,000 provided through other organizations. FTHB funds can either increase the purchase power and/or decrease the cost of ownership for eligible first-time homebuyers. FTHB funds are strictly limited to purchasing homes within Concord city limits.
- Homebuyer Education and Counseling – A-1 CHS, a HUD approved non-profit homebuyer education and counseling organization, will be delivering free homebuyer education and counseling to interested applicants. Education and counseling assists homebuyers with establishing a stronger understanding of the requirements, steps, and capacity for households to purchase a home. FTHB homebuyers must secure a HUD approved education and counseling certificate of completion in order to secure Concord’s FTHB funds and other partnering funding sources.
The FTHB introductory workshop will provide additional details on:
- FTHB Funds – directed towards assisting low- to moderate-income first-time homebuyers to purchase a home in Concord.
- FTHB Participation Guidelines – an overview of Program requirements and guidelines to receive access to FTHB resources and funds.
- Next Steps – for eligible first-time homebuyers to take in order to access FTHB’s beneficial homebuyer resources.
Workshop presenters will include:
- City of Concord – housing staff will introduce the FTHB program.
- Bay Area Affordable Homeownership Alliance (BAAHA) – the City’s contracted FTHB administrator will provide additional information on FTHB and the steps required to become an FTHB participant.
- A-1 Community Housing Services – a representative will provide information on HUD approved required FTHB homebuyer education; and on financial and homebuyer counseling available for eligible Concord residents and workforce.
A reservation is required to attend the free FTHB Informational Virtual Zoom workshop. To make a reservation please go to BAAHA’s FTHB workshop webpage at https://www.myhomegateway.org/concord-fthb-introworkshop.html. Reservations must be submitted by no later than 7:00PM Monday May 18, 2026.
About BAAHA
The Bay Area Affordable Homeownership Alliance, Inc., or BAAHA, is a non-profit 501(c)(3) organization that was formed as the successor organization of a public joint powers authority, the East Bay Delta Housing & Finance Agency (AKA the Bay Area HomeBuyer Agency). BAAHA’s mission is to promote homeownership for low to moderate income and workforce homebuyers in the San Francisco Bay Area region. We will accomplish our mission by: Supporting the preservation of affordable homeownership in the community Expanding affordable homeownership opportunities Structuring a comprehensive, informational and educational resource and service clearinghouse
Leave a Reply