Courtesy of The Towbes Foundation

Workforce Homebuyer Program


The Workforce Home Buyer Program provides low-to-middle income home buyers down payment loans, which enable them to secure conventional financing and removes financial barriers to the dream of home ownership by lowering home acquisition and carrying costs. Our loans enable qualified working families to buy a home that provides a stable residence that strengthens the family and the neighborhood.


Workforce Home Buyer Program Purpose

Our innovative Workforce Homebuyer Program provides deferred payment, shared equity, downpayment loans of up to $42,000 in North County to help working families purchase an entry-level home in their community. HTF also manages a pilot home buyer program in Carpinteria that provides down payment loans of up to $75,000.

Workforce Home Buyer Loan Benefits

Our home buyer loans enable employees to put down roots in a community and allows employers to attract and retain high quality employees that are vital for a thriving economy and vibrant communities.


North County Information

Our North County program has placed all of our loan funds. More funds may be available later in 2014. Please check back for updates on funding availability.

Carpinteria Information

HTF is planning to launch a South Coast Workforce Homebuyer Program. Our goal is to raise $2.5 million to provide 10-year interest only down payment loans up to $100,000 to help moderate to middle income workforce homebuyers in South County purchase an entry-level home. We are actively engaged in raising capital, with hopes to launch the program later in 2015.