Affordable Homeownership Program
Heritage Estates offers an affordable path to homeownership for first-time buyers. Our program includes up to $250,000 in forgivable mortgage assistance and education resources to help make buying a home possible. Review the eligibility details below to see if this opportunity is right for you.
Be a first-time homebuyer (no home ownership in the past 3 years)
Have a household income at or below 80% of Fresno County’s Area Median Income (AMI)
Live or work in Fresno County for at least the past 6 months
Complete a HUD-approved homebuyer education course
Use the home as your primary residence
Provide 1% of the purchase price in cash contribution
Meet Debt-to-Income (DTI) guidelines:
Housing costs ≤ 35% of gross monthly income
Total debts ≤ 43% of gross monthly income
2025 Income Limits for Fresno County
updated 4/1/2025
| Persons in Family | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| 50% Income Limits ($) | N/A | N/A | $42,300 | $46,950 | $50,750 | $54,500 | $58,250 | $62,000 |
| 60% Income Limits ($) | N/A | $45,120 | $50,760 | $56,340 | $60,900 | $65,400 | $69,900 | $74,400 |
| 80% Income Limits ($) | $52,600 | $60,100 | $67,600 | $75,100 | $81,150 | $87,150 | $93,150 | $99,150 |
Mortgage Estimates by Income Level
updated 4/1/2025
Below are estimated mortgage amounts and monthly payments for different income levels – updated 4/1/2025
| AMI Level | Estimated First Mortgage | Estimated Monthly Payment (including taxes & insurance) | Forgivable/Deferred Loan Assistance | Estimated Appraised Value |
|---|---|---|---|---|
| 50% | $112,000 – $145,000 | $1,330 – $1,544 | ~$240,000 | Mid-High $300’s |
| 60% | $153,000 – $192,000 | $1,596 – $1,853 | ~$204,000 | Mid-High $300’s |
| 80% | $234,000 – $286,000 | $2,128 – $2,469 | ~$115,000 | Mid-High $300’s |
| Market Rate | $357,050 – $376,350 | $2,940 – $3,067 | $0 | Mid-High $300’s |
If you are ready to move forward, visit Your Path to Homeownership
Fresno Housing does not provide mortgage loans. You will need to:
Work with a lender to get prequalified for a mortgage
Meet all lender requirements in addition to Fresno Housing program guidelines
Heritage Estates is developed by Fresno Housing to expand affordable homeownership opportunities in Fresno County. Fresno Housing does not provide mortgage loans. Buyers must obtain financing from a private lender and meet program eligibility requirements.