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The ReCoverCA Homebuyer Assistance (HBA) Program officially opened for applications on November 10, 2025. The program offers up to $300,000 per household to help low- to moderate-income Californians who were renting or previously owned a home in areas affected by the 2023 and 2024 floods. The assistance is designed to help eligible households move into long-term homeownership in areas of California safer from flood and fire risk.
The program provides forgivable homebuyer assistance in the form of a second mortgage loan, which is fully forgiven after five years of continued ownership and occupancy. The funds can be used toward down payment and closing costs, helping bridge the gap between what a household can afford with a first mortgage and the total cost of purchasing an eligible home.
“The ReCoverCA Homebuyer Assistance Program is more than just financial support—it’s hope for families recovering from flooding,” said GSFA Marketing Director Carolyn Sunseri. “This program gives people the chance to rebuild in safer communities, put down roots, and regain the sense of stability that every family deserves.”
Qualifying Disaster Areas
Applicants must have had their primary residence in one of the following HUD-designated Most Impacted and Distressed (MID) areas at the time of the flood:
2023 MID Areas
- Hoopa Valley Tribe (ZIP Code 95546)
- Monterey County
- San Benito County
- Santa Cruz County
- Tulare County
- Tuolumne County
2024 MID Areas
During the first 60 days of the application period (November 10, 2025 – January 12, 2026), priority will be given to households that can demonstrate they were impacted by a flood event.
Who Can Apply
To qualify for the ReCoverCA Homebuyer Assistance Program, applicants must meet the following requirements:
- Your primary residence was in a Qualifying Disaster Area at the time of the flood.
- Your household income falls within the program’s income limits (at or below 80% of the Area Median Income).
- You meet the first-time homebuyer requirement, meaning you have not owned a primary residence in the past three years (with limited exceptions).
For more information or to apply through a ReCoverCA HBA Lender, visit www.gsfahome.org/recoverca-hba.
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