First-Time Home Buyer Program

Supporting Home Ownership in Poway (SHOP) Program

The Supporting Home Ownership in Poway (SHOP) Program provides low- and moderate-income homebuyers with assistance to purchase a home in Poway through a Poway Housing Authority and City of Poway funded second mortgages. Homes purchased with the help of SHOP Program loans will remain affordable for a minimum of 45 years, which requires the home to be sold at a restricted resale price to qualified buyers.

SHOP loans are available to qualified applicants only when an existing single-family home financed with a SHOP loan becomes available for resale.

A Frequently Asked Question Brochure is available for download here.

Unfortunately, no SHOP Program Homes are Currently Available for Resale

Interest List

If you would like to be one of the first to be notified of the next available for-sale opportunity, make sure you are on our interest list! Please call (858) 668-4551 or email msanders@poway.org the following information:

  • First and Last Name
  • Email Address
  • Telephone Number

Program Requirements

  • First-Time Buyer. You may not have owned a home secured by a Deed of Trust in the last 3 years. Those displaced by a divorce do not have to meet this requirement.
  • Down Payment. You are required to provide a percentage of the purchase price toward the down payment and fees. The percentage is 3% for low-income buyers and 5% for moderate-income buyers. This money may be borrowed or gifted but cannot be a recorded loan.
  • Credit and Income Eligibility. Your household’s total gross income and credit history will be reviewed. 
  • Homebuyer Education. You will be required to complete classes for first-time homebuyers. Classes include a U.S. Department of Housing and Urban Development First-time Homebuyer Course and a Poway Housing Authority SHOP/BEGIN Program course.

Limits


Questions about the SHOP program or the home buying process should be directed to 
Marie Sanders, Senior Management Analyst,
(858) 668-4637 | msanders@poway.org