First Time Homebuyer

The City of Concord’s First Time Homebuyer (FTHB) Program is a second mortgage loan program to assist qualified low to moderate-income individuals with the purchase of their first home. FTHB loan funds are to assist with down payment and/or closing costs. This program can be used in combination and conjunction with the purchase of a City of Concord Inclusionary Below Market Rate Home.   

The Borrower must be a first time homebuyer, which is defined as a household that has not owned a home within the past three years. Borrowers must be able to qualify for a first mortgage from a primary lender of their choice, and the City’s loan is contingent upon the approval and provision of the first mortgage

The program requires prospective homebuyers to 

  • attend a HUD certified Homebuyer Workshop prior to submitting a loan application to the City of Concord
  • be confirmed for eligibility based on Area Median Income levels based on household size
  • have a minimum FICO score of 640

Bay Area Affordable Homeownership Alliance (BAAHA), a non-profit organization, assists the City in administering the program. All application materials are available through BAAHA by emailing them at or calling them at 800-480-9020.


In addition to the City's First Time Homebuyer Program, the Mortgage Credit Certificate Program provides financial assistance to first time homebuyers for the purchase of a new or existing single-family home. The Program is administered by Contra Costa County.