November 4, 2025 | Bulletin #25-34

Homebuyer Assistance Available for Renters in Flood-Affected Areas — Free Workshop in Watsonville

Golden State Finance Authority (GSFA) has added a new ReCoverCA Homebuyer Assistance (HBA) Workshop in Watsonville, California to help residents of Santa Cruz and Monterey Counties impacted by the 2023 floods learn how to qualify for up to $300,000 in forgivable homebuyer assistance toward the purchase of a home in a safer area.


This free community workshop will cover:

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


The ReCoverCA HBA Program, administered by GSFA and funded by HUD through the California Department of Housing and Community Development (HCD), offers forgivable loans up to $300,000 to help eligible renters and previous homeowners who lived in flood-impacted areas purchase homes in lower-risk communities — specifically outside of special flood hazard zones and high fire-risk 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 directly impacted by flood events.

Community Workshop in Watsonville (NEW)

📅 Thursday, November 13th, 2025 

🕖 7:00 – 8:00 p.m. 

📍 Hampton Inn & Suites Watsonville, 75 Lee Road, Watsonville, CA 95076

🔗 Register Here


Interpreter services are available in Spanish and American Sign Language upon request during registration.

Who Should Attend:

  • Residents who were renting or owned a home in Santa Cruz or Monterey Counties during the 2023 floods
  • Flood disaster recovery agencies and organizations
  • Real estate professionals and service providers
  • Members of the media



For a full list of qualifying disaster areas, complete program details, and future workshop dates, visit www.gsfahome.org/recoverca-hba.



For questions, contact GSFA at info@gsfahome.org.


🌟 Additional Upcoming ReCoverCA Homebuyer Workshops


Community Workshop in San Diego

📅 Wednesday, November 5, 2025 | 7:00 – 8:00 p.m.

📍 Park de la Cruz Recreation Center, 3901 Landis Street, San Diego, CA 92105

🔗 Register Here



Community Workshop in Visalia (Tulare County)

📅 Wednesday, November 5, 2025 | 7:00 – 8:00 p.m.

📍 Anthony Community Center (Main Room), 345 N Jacob Street Visalia, CA 93291

🔗 Register Here

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.




© 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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