Routing number 121122676. The GSFA Platinum Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA). H\j0Fl/m6m@.[6Jjhd8y*:p|Hrya{~};/v0F(Srqc\OA[mE=O?0J4>zk_2=l?2y!3 _,\>kEn}1^Uj29HCkh&RYk$!( =C $600 Golden State Grant payments are being mailed out to SSI recipients #7080 (no title) ADVOCACY Federal Policy Find Your Legislator Position Statements State Bill File State budget Take Action Tips for advocacy Alpha Resource Center of Santa Barbara Alpha Resource Center of Santa Barbara (an affiliate of The Arc) Arc - South Bay The program is limited to owner occupied primary residences only. "F$H:R!zFQd?r9\A&GrQhE]a4zBgE#H *B=0HIpp0MxJ$D1D, VKYdE"EI2EBGt4MzNr!YK ?%_&#(0J:EAiQ(()WT6U@P+!~mDe!hh/']B/?a0nhF!X8kc&5S6lIa2cKMA!E#dV(kel }}Cq9 We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool. Various first mortgage loan types available to fit the needs of the homebuyer. ITIN filers with income below $30,000 are also able to claim the California. See the, Support low and middle income Californians, Help those facing a hardship due to COVID-19. This payment is exempt from being considered income, and is exempt from being considered a resource for 12 months. endstream endobj startxref The GSFA Platinum Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA). In addition to the Golden State Grant (GSG) for CalWORKS families, recent California legislation authorized a one-time payment of $600 to Supplemental Security Income (SSI)/State Supplementary Payment (SSP) and Cash Assistance Program for Immigrants (CAPI) recipients to assist and provide relief from hardship due to the COVID-19 pandemic. HyTSwoc [5laQIBHADED2mtFOE.c}088GNg9w '0 Jb Here's How To Track Your Golden State Stimulus Check! A one-time automatic grant of $600 payment will go to eligible CalWORKs families. Flexible income limits (low-to-moderate income). Visit GSS II Golden State Stimulus I California will provide the Golden State Stimulus payment to families and individuals who qualify. Housing Programs | Affordability Meets Flexibility | GSFA We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. See a GSFA Platinum Participating Lender for complete program guidelines, current interest rates, loan applications, applicable fees and annual percentage rates (APRs.). For forms and publications, visit the Forms and Publications search tool. wG xR^[ochg`>b$*~ :Eb~,m,-,Y*6X[F=3Y~d tizf6~`{v.Ng#{}}jc1X6fm;'_9 r:8q:O:8uJqnv=MmR 4 The note rate on the Second Mortgage is 2.00% above the rate on the First Mortgage and has monthly payments. Paper checks are being mailed out to . GSFA also provides financing for homeowners making energy efficiency improvements to residential property (ies) they own. $600 Golden State Grant payments are being mailed out to SSI recipients The program is limited to owner occupied primary residences only. 0 Our goal is to provide a good web experience for all visitors. Help with Golden State Stimulus | FTB.ca.gov - California Program: Golden State Grant (GSG) Program Description Offers a one-time $600 grant to low-income Californians. Golden State Education and Training Grant Program On a $300,000 Mortgage Loan, 7% in assistance is $21,000. Outstanding work your company provided for us. We translate some pages on the FTB website into Spanish. 0 }:Tt8(88Gj%#ZI-LL&x& BKyy= It is not taxable income Golden State Stimulus II | FTB.ca.gov - California The Golden State Grant is a separate payment from your monthly CalWORKs payment. 319 0 obj <>/Filter/FlateDecode/ID[<936431229F8014DFC56B0347C87BBC5C>]/Index[304 29]/Info 303 0 R/Length 81/Prev 130663/Root 305 0 R/Size 333/Type/XRef/W[1 2 1]>>stream %%EOF So, 5.5% DPA on a $500,000 loan amount = $27,500 (500,000 x .055). hbbd``b`N?`\WA D 'K D8mX>H 2%H]bnQ``bdc`$@ XE Consult with a translator for official business. Financial assistance up to 7%, to use for down payment and/or closing costs. E$Hn 1 SJaMXG9>kabnn_4lYm`[YibNb!&OD?LLSbr|wNZw8I'I(W^'H^6-#3#33(W{>wFB$a$yq,L*H0I:~w!1HY.Ll,"I 51Lde endstream endobj startxref Visit GSS II Golden State Stimulus I California will provide the Golden State Stimulus payment to families and individuals who qualify. 332 0 obj <>stream hb```b``c`e`c`@ +GoMZT~6Uq/Bs26]8YNoV-3~A=:@APD50 340 0 obj <>/Filter/FlateDecode/ID[]/Index[319 36]/Info 318 0 R/Length 99/Prev 148686/Root 320 0 R/Size 355/Type/XRef/W[1 2 1]>>stream l$ !)H#`sO5 tY \BqU6z_ 319 0 obj <> endobj Review the site's security and confidentiality statements before using the site. WrjOqn I: #4SX d1B#P7W `;b)Z`$E The payments will be automatically sent to the eligible households with recipients of: CalWORKs Supplemental Security Income (SSI)/State Supplementary Payment (SSP) Since this grant is a one-time, non-recurring payment, it will not impact a student's public assistance (e.g., CalWORKs) provided that, if the . Golden State Finance Authority (GSFA) provides access to mortgage financing, down payment assistance, and mortgage credit certificates for California homebuyers. California will provide the Golden State Stimulus II (GSS II) payment to families and individuals who qualify. Golden State Grant (GSG) and SSI/SSP Recipients Recent California legislation authorized a one-time supplemental SSP payment in the amount of $600 to SSI/SSP recipients to provide relief from hardship due to the COVID-19 pandemic. Students must: Golden State . Additional DPA assistance, up to 2% is available in the form of a Gift that never has to be repaid. x- [ 0}y)7ta>jT7@t`q2&6ZL?_yxg)zLU*uSkSeO4?c. R -25 S>Vd`rn~Y&+`;A4 A9 =-tl`;~p Gp| [`L` "AYA+Cb(R, *T2B- These reporting requirements are due to the Legislature by April 1, 2022. It accrues no interest, and has no monthly payments, but is due and payable upon sale, refinance or payoff of the First Mortgage. FICO Scores as low as 620 can qualify. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. It provides a one-time $600 state supplementary payment (SSP) grant to SSI seniors and people with disabilities, which will help meet the high costs SSI recipients are struggling to pay during COVID. Now we are secure in our home that you all helped achieve. Account 157529716902. - Walter & Nora Mendez, San Joaquin County, Dec 2021, Copyright 2006-2022 Golden State Finance Authority (GSFA). There are a variety of products within the GSFA Platinum Program. Two out of every three Californians would get a stimulus check of at least $600 under a planned expansion of the state's Golden State Stimulus program, and families with kids would get an . V;r~.9r=,*7Mo{#U'5ZZ4_j0%9ltz/JzT#YW:G)[N@m'W,q%L%)60ps}4Hy0 INi *@&o`U2IcK!PrXw(!k\}VWi*`c%kw%D]F]kCQpmu.~}}>Hpy If you have any issues or technical problems, contact that site for assistance. The Golden State Stimulus is distributed by the Franchise Tax Board. The Golden State Grant does not count as income and will not affect your eligibility for programs like CalWORKs, CalFresh and Medi-Cal. It may take until the end of April for the money to become available in your account. ATTN: Golden State Stimulus Fund Franchise Tax Board PO Box 3070 Rancho Cordova, CA 95741-3070 Other problems with your payment If you received payment and have a problem, follow these steps: Include a letter of explanation that describes the issue, including recipient taxpayer name and identification number (SSN or ITIN). z/6'O)qHSsmO ,0\6>i92*o+c UA}f\G The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. For example, up to 5.5% in DPA is available in conjunction with a Conventional, FHA, VA or USDA 30-year fixed-rate mortgage through the GSFA Platinum Program. PDF Golden State Education and Training Grant Program FAQ The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. Eligible applicants: Were displaced from employment due to the COVID-19 pandemic Students must: The Golden State Education and Training Grant Program (GSETGP) supports Californians who lost their jobs due to the COVID-19 pandemic with a one-time grant of $2,500 to reskill, up-skill, and access educational or training programs to get back into the workforce. Golden State Stimulus I payment. Pay Your Bill - Golden State Water Company PDF Economic and Statistical Research Bureau - California Home | Affordable Housing | Golden State Finance Authority | GSFA The Golden State Stimulus will put $600 into the pockets of those who need it the most, and when added to federal relief, could mean $1200 in quick support for low-income Californians. The Golden State Stimulus aims to: Support low-income Californians Help those facing a hardship due to COVID-19 If you have any questions related to the information contained in the translation, refer to the English version. endstream endobj 312 0 obj <>stream Homebuyer doesn't have to be a first-time homebuyer to qualify. Payment amounts for the Golden State Stimulus are based on a few factors. You could receive either $600 or $1,200. There are two different stimulus payments. Down Payment Assistance | GSFA Platinum Intro | DPA | GSFA There is no first-time homebuyer requirment and the qualifying guidelines are flexible. Golden State Education and Training Grant Program FAQ Our Lenders will provide you with complete program guidelines, interest rates, applicable APRs and discuss the down payment assistance options with you. The Golden State Grant does not have to be repaid. 1 A "dependent child" or "dependent children" means a child or children, as applicable, under 18 years . Golden State Stimulus | FTB.ca.gov - California Each has different advantages and qualifying guidelines. This is a stimulus payment for certain people that file their 2020 tax returns. It provides assistance, up to 5%, in the form of a 15-year fully amortizing Second Mortgage. @3@r b`l2` ~&-:V2]b}#C Ka)l^mrp3A)ge4#$e`RhDI9d. Zdi$z=i!Q(h$555:R( $ Fa$k""wH]"p.bL H1012 I00Ag U' According to the California Franchise Tax Board, the Golden State Stimulus aims to support low-income Californians and help those having a hard time due to COVID. 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