Employee Down Payment Assistance Program

The Employee Down Payment Assistance Program is an employee benefit open to all full-time, County of San Mateo and Housing Authority employees. The program is designed to encourage employees to live within the County, decreasing the environmental impact and the physical/emotional effects of a long commute.

The program offers a $100,000 loan (second mortgage) towards the purchase of a home in San Mateo County. The loan is deferred for the first, five years amortized for 30 years at three percent interest (3%). The County also offers a $5,000 grant to help cover closing costs, for awardees, moving to San Mateo County from outside the County.

(For County residents or those interested in First Time Homebuyers Programs, please check out our website: https://housing.smcgov.org/first-time-homebuyer-programs)


  • County of San Mateo or Housing Authority employee; and
  • Currently, full-time, permanent employee for at least 18 months; and
  • No income restrictions and cannot currently own a home in San Mateo County; and
  • Pre-Approval letter from San Mateo Credit Union (required).

The next drawing will be: Tuesday, January 18, 2022 and four* names will be drawn.

To be entered in the January 18th drawing, please e-mail your pre-approval letter to Nila Kim at nhkim@smchousing.org.

The County will host several Employee Down Payment Assistance Program “Lunch and Learn” seminars.

Attend one of the County's Employee Down Payment Assistance Program “Brown Bag Lunch” webinars:

  • Wednesday, December 8th from 12:00-1:00 p.m.
  • Monday December 20th from 12:00-1:00 p.m.
  • Tuesday, , January 11th from 12:00-1:00 p.m.

For the attendee link, please check the County’s “Upcoming Event” Intranet site in the coming weeks for the updated attendee link: https://smcgov.sharepoint.com/Pages/intra_home.aspx or to receive the attendee link via email, please contact  Nila Kim at nhkim@smchousing.org

For more information about the program, please see the PDF’s below:

If you have additional questions, please contact Nila Kim at nhkim@smchousing.org or via phone at (650) 802-5002.

*Number of drawees is dependent on funding availability.


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