US lawCaliforniaStatutesCode hscDivision 31Part 3Chapter 1151502Cal. HSC § 51502Cal. HSC § 51502Last amended: 2000Year: 2025Length: 21 wordsOfficial source The purpose of the California Homebuyer’s Downpayment Assistance Program is to assist first-time low- and moderate-income homebuyers utilizing existing mortgage financing.PreviousCal. HSC § 51501NextCal. HSC § 51504