October 3, 2025 | Bulletin #25-28

 

Flood-Impacted Families May Qualify for Up to $300,000 — Free Workshop in Santa Cruz County

Program offers forgivable loans to help Californians affected by the 2023 floods buy safer homes

 

Santa Cruz County, CA, October 3, 2025 – Golden State Finance Authority (GSFA) invites Santa Cruz County residents impacted by the 2023 floods to attend a free Homebuyer Workshop on Tuesday, October 20, 2025, from 7:00 – 8:00 p.m. at the Downtown Boulder Creek Rec Center (Gymnasium) in Boulder Creek.


The workshop will introduce the ReCoverCA Homebuyer Assistance (HBA) Program which provides up to $300,000 in forgivable homebuyer assistance to eligible renters and former homeowners impacted by the 2023 floods in Santa Cruz County. The program is designed to help households purchase a home in California outside of special flood hazard and high fire zone areas.


Attendees will learn about:

  • How the ReCoverCA HBA Program works
  • Eligibility requirements
  • Qualifying property types
  • Steps to get started


The event also offers an optional networking session with GSFA representatives and approved ReCoverCA HBA Lenders, giving participants the opportunity to ask questions, gather resources, and set up follow-up appointments for personalized support.


Interpreter services are available in Spanish and American Sign Language upon request when registering. Please indicate your need for services during registration so GSFA can make accommodations.


Who Should Attend:

  • Individuals or families that were renters or previous homeowners in Santa Cruz County in 2023 during the floods
  • Flood disaster recovery agencies and organizations
  • Real estate professionals
  • Residential service providers
  • Members of the media


“The ReCoverCA HBA Program can open the door to homeownership by removing one of the biggest barriers—affordability,” said Carolyn Sunseri, GSFA Director of Marketing. “This workshop will walk families through the steps they can take to qualify and prepare for buying a home.”


Event Details

  • Date & Time: Monday, October 20, 2025 | 7:00 – 8:00 p.m. PDT
  • Location: Downtown Boulder Creek Rec Center, Gymnasium, 13333 Middleton Avenue, Boulder Creek, CA 95006
  • Cost: Free
  •  Register at: https://qrco.de/bgLatB


The ReCoverCA HBA Program is administered by GSFA and funded by HUD through the California Department of Housing and Community Development. For complete program policies, updates and other upcoming homebuyer workshops, visit www.gsfahome.org/recoverca-hba.



About Golden State Finance Authority (GSFA)

GSFA is a local government entity and public agency, established in 1993, with a mission to provide affordable housing finance programs that support homeownership and strengthen California communities. GSFA has helped more than 86,600 individuals and families purchase homes, providing over $677 million in down payment assistance.

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© 2025 Golden State Finance Authority. All rights reserved.


This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Complete program policies, eligibility requirements, loan applications, interest rates and annual percentage rates (APRs) are available through GSFA Participating Lenders.


For questions or additional assistance regarding this news bulletin, please Contact Us.


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