https://www.siliconvalley.com/2022/05/01/new-california-program-could-help-first-time-home-buyers/ > Seeking to chip away at an ambitious goal of boosting home ownership in California, the state has launched a new program of forgivable loans for first-time home buyers. > The program, Forgivable Equity Builder Loan, allows qualified, first-time buyers to borrow up to 10% of a home’s purchase price, and have the debt forgiven if the buyer lives in the home for five years. The loans are available to middle-income families making less than 80% of their county’s annual median income, below $120,000 in all Bay Area counties.