The 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. Eligibility includes full-time, permanent employment with the County or Housing Authority for at least 18 months, regardless of income. The program is designed to encourage employees to live within the County, decreasing the environmental impact and the physical/emotional effects from their long commutes.

The program offers a $100,000 down payment assistance loan, towards the purchase of a home in San Mateo County. The loan is deferred for five years, amortized for 30 years at three percent interest. Five loans will be available, via a drawing, each quarter while funds are available. The County is partnering with San Mateo Credit Union to offer 40-year jumbo loans for home purchases up to $1.5 million. To qualify for the drawing, employees must receive a pre-approval letter from San Mateo Credit Union. The County also offers a $5,000 grant, to awardees, for those moving to San Mateo County from outside the county, to help cover closing costs.

To be included in the drawing, all pre-approval letters must be submitted to the Department of Housing by Thursday, November 7, 2019 for the drawing that will take place on November 12, 2019. The pre-approval letter can be submitted via e-mail, regular mail or drop off.

Please e-mail your pre-approval to Nila Kim at or send via mail or drop off to: Department of Housing, 264 Harbor Blvd., Bldg. A, Belmont, CA  94002.

The County hosted several “Lunch and Learn” seminars about the Employee Down Payment Assistance Program. For more information about the program, please see the PDF’s below:

  • Presentation from the San Mateo County Employee Down Payment Assistance Program Seminar
  • Guidelines – San Mateo County Employee Down Payment Assistance Program
  • FAQ – San Mateo County Employee Down Payment Assistance Program
  • County Employee Down Payment Assistance Program Flyer including Workshop Dates & SMCU Information

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