The County Employee Down Payment Assistance Program is an employee benefit open to all regular County and Housing Authority employees who do not currently own a home in San Mateo County and have been employed by the County or Housing Authority for at least 18 months, regardless of income, designed to encourage employees to live within the county, decreasing the environmental impact and the physical/emotional impact on the employees from their long commutes. The program offers a $100,000 loan, deferred for five years, amortized for 30 years at three percent interest toward the down payment requirement for a home in San Mateo County. Five loans will be available each quarter for the first year. The County is partnering with the San Mateo Credit Union to offer 40-year jumbo loans for home purchases up to $1.5 million. The process begins with mortgage loan pre-approval at the San Mateo Credit Union. All who have been pre-approved by the Credit Union will be included in a quarterly drawing for the five down payment assistance loans available. County loan applications available from the Department of Housing. Home buying workshops will be provided for those unfamiliar with the process. A $5,000 grant to help cover closing costs is also available for those moving to San Mateo County from outside the county.

All pre-approval letters must be submitted to the Department of Housing by October 2, 2017 to be included in the 2nd draw which will take place on October 3, 2017.  You may submit your pre-approval letter by e-mail, regular mail or drop off.

E-mail: Rosa Mendoza:  or  Francisco Gomez:

Mail or drop off address:  Department of Housing, 264 Harbor Blvd., Bldg. A, Belmont, CA  94002

For more information, you may call (or e-mail):
Rosa Mendoza: 650-802-5037   or   Francisco Gomez: 650-802-5002