WISH Program to Assist Black Homebuyers with Down Payment Costs
The San Diego Black Homebuyers Program is meant to cut back the racial wealth hole in San Diego by investing in generational wealth-building alternatives by means of Black house possession.
The program is funded with a preliminary pledge of $1 million by the San Diego Foundation’s Black Community Investment Fund, together with administrative funding from Supervisor Nathan Fletcher’s office.
Participating lenders will present a minimum of $9,000 in grants to qualifying house consumers and assist them leverage matching grants by means of sources such because the Federal Home Loan Bank of San Francisco’s Workforce Initiative Subsidy for Homeownership, or WISH.