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Golden State Finance Authority (GSFA) is pleased to announce an upcoming Homebuyer Workshop for the ReCoverCA Homebuyer Assistance Program aimed at providing crucial support to individuals affected by wildfires in Lake County in 2018. The event will take place on Wednesday, July 24, 2024, at 7:00 PM at the Clear Lake Masonic Lodge in Clearlake.
Residents who were renters or homeowners residing in High or Very High Fire Hazard Severity Zones during the devastating Lake County fires of 2018 are encouraged to attend. GSFA also encourages all wildfire recovery agencies and organizations, real estate professionals, and members of the media to attend this pivotal event. Community participation is vital in supporting the recovery efforts and spreading awareness about the ReCoverCA Homebuyer Assistance Program.
"We extend a warm invitation to all residential service providers, fire departments, disaster assistance organizations, real estate agents, and the media to join us at this event," said GSFA Marketing Director Carolyn Sunseri. "Your participation is vital for gaining insights into the program and for assisting in educating the residents of our community."
Eligible participants may qualify for up to $350,000 in financial assistance, specifically designed to facilitate homeownership outside of High or Very High Fire Hazard Severity Zones within California.
“This financial assistance could really make a difference in people’s lives,” said Lake County Supervisor EJ Crandell. "When one family gains some stability, they are better able to show up in their employment, in their education, in their relationships with friends and family and in their community. When one family succeeds in taking a step forward in recovery, we all benefit."
Key highlights of the ReCoverCA Homebuyer Assistance Program include:
· Financial assistance up to $350,000.
· Forgiveness of financial assistance after five years.
· Accessibility for applicants with varying credit histories.
The event promises to be informative and empowering, offering attendees the opportunity to learn more about the program and begin their journey towards homeownership.
"We invite all interested individuals to join us at the Clear Lake Masonic Lodge to explore how this program can benefit them," added Sunseri. "Imagine owning your own home, free from the worries and insurance costs of living in a high fire zone. This event is the first step towards making that dream a reality for you or someone you know."
Event Details:
Date: Wednesday, July 24, 2024
Time: 7:00 PM
Location: Clear Lake Masonic Lodge
Address: 7100 S Center Dr, Clearlake, CA 95422
Translation Services Available:
To ensure inclusivity, GSFA will provide translation services in Spanish and Tagalog, as well as American Sign Language (ASL) interpretation upon request. Attendees are encouraged to indicate their preference for translation services during the free ticket reservation process.
To Reserve Your Spot at the Event:
For more information and to register for this free event, please visit https://qrco.de/bfDqzG.
The ReCoverCA Homebuyer Assistance Program is provided by the California Department of Housing and Community Development, funded by a HUD Community Development Block Grant - Disaster Recovery grant and managed by GSFA. Complete program policies, eligibility requirements, interest rates, APRs, and loan applications are available through a network of ReCoverCA HBA approved lenders, published on the GSFA website www.gsfahome.org.
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