SAN JOSE, CALIFORNIA
SJCAC Housing Fund
An innovative financing option to support staff in achieving home ownership
The SJCAC Housing Fund helps SJCAC ministers and staff buy a home in the Bay Area. The Fund invests alongside you in your home, lowering your down payment and monthly costs, so you can put down roots in the community you serve.
Who Is Eligible?
The Fund is for SJCAC ministers and staff.
Who can apply
Full-time ministers and staff who have worked at SJCAC for at least one year and are recommended by the Board, buying a first home in Santa Clara, San Mateo, Santa Cruz or Alameda County within 35 driving miles of SJCAC.
How to start
Read the Home Buyer Guide, then apply using the button on this page. Sycamore Equity will follow up with next steps.
How It Works
The Fund provides up to 30% of a home’s purchase price, up to $400,000, as an equity investment with no monthly payments. That reduces the mortgage, can eliminate mortgage insurance, and lowers the monthly cost.
When the home is sold or refinanced, within six months of leaving SJCAC, or after 10 years, whichever comes first, the Fund receives its share of the home’s value and reinvests it for future staff.
Partners Who Share Our Mission
Sycamore Equity works with partner organizations and lenders who know the program and offer financing that supports stable homeownership for SJCAC staff.
Let’s Get Connected
Questions about the SJCAC Housing Fund? Email the Sycamore Equity team at info@sycamoreequity.com.