CAFA First Home Program

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

Funding status: Active

How much assistance

Down payment and closing cost assistance with below-market interest rate mortgage (Grant)

No repayment required on grant assistance.

Eligibility

  • Income limits: Must meet program income limits based on parish of purchase.
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • 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 First Home Program

Step 1: Apply through a CAFA participating lender. The program pairs a lower interest rate first mortgage with direct financial assistance for down payment and closing costs.

Notes

Specifically for first-time buyers. Pairs below-market interest rates with down payment assistance.

Cities Where This Program Is Available