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CAFA Capital Advantage Program

Administered by:
Capital Area Finance Authority (CAFA)
· County · Grant
Funding status: Active

How much assistance

Non-repayable grant of up to 5% of original mortgage amount
No repayment required.

Eligibility

  • Income limits: Maximum income no more than 115% of Area Median Income for the parish of purchase.
  • First-time buyer required: No
  • Credit score minimum: 640
  • Geographic restrictions: Available in East Baton Rouge Parish and the surrounding nine-parish capital region.
  • Homebuyer education required: No

How to Apply for CAFA Capital Advantage Program

Apply through a CAFA participating lender. Grant can be used for down payment, closing costs, prepaid items, or to assist with private mortgage insurance. Debt-to-income ratio must not exceed 45%.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (9 cities across 1 state)