Workforce Homebuyer Program

Courtesy of The Towbes Foundation

The Workforce Homebuyer 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 and individuals to buy a home that provides a stable residence that strengthens the family and the neighborhood.

Program Purpose

Our innovative Workforce Homebuyer Program provides down payment loans up to $75,000 in Carpinteria and $100,000 in South Santa Barbara County. HTF also established a program for the City of Lompoc that provides loans up to $50,000.

Program Benefits

Our workforce homebuyer 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.

South Coast Program Information

In the fall of 2017 the HTF launched a South Coast Workforce Homebuyer Program. This $3.5 million homebuyer assistance program provides 10-year simple interest only down payment loans up to $100,000 to help low to middle income workforce homebuyers in South County purchase a home. Loans for market rate homes have a 10-year term and loans for affordable resale restricted homes have a 15-year term.

South Coast Area Map 2017

South Coast Area Map


Carpinteria Program Information

HTF manages the City of Carpinteria program that provides 30-year deferred shared appreciation down payment loans up to $75,000 to help low to middle income workforce homebuyers purchase an entry-level home in Carpinteria.

Lompoc Program Information

HTF designed and launched the Lompoc Homebuyer Assistance Program for the City of Lompoc in 2016. The City provides 30-year deferred down payment loans up to $50,000 to help first-time low-income homebuyers.


For South Coast and Carpinteria
Information Contact:

Yvette Lounsbury
Homebuyer Loan Administrator
Housing Trust Fund of Santa Barbara County
(805) 845-3585
YLounsbury@sbhousingtrust.org

For Lompoc
Information Contact:

Chanel Toledo
(805) 875-8041
Email: c_toledo@ci.lompoc.ca.us
Website: www.cityoflompoc.com