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There is one active housing program: First Time Home Buyer Program.
Get details about the programs and information for lenders and homeowners participating in an existing HAP or FTHB Program:
The City of Perris is not accepting applications at this time. If you wish to be contacted when or if the program is available, please fill out the interest list form and submit it to the Housing Authority Department. If you have any questions, please contact the Housing Authority.
The First Time Homebuyer Program (FTHB) is designed to provide qualified families with up to $65,000 for down payment assistance to secure financing towards the purchase of an existing or newly constructed home.
For more information and to register for a HUD-approved homebuyer education workshop, see this flyer...
Here are the contacts at the City of Perris who can assist you:
The City of Perris is not accepting applications at this time. If you wish to be contacted when or if the program is available, please file out the interest list form and submit it to the Housing Authority Department. If you have any questions, please contact the Housing Authority.
The Owner Occupied Rehabilitation Loan program (OORP) provides qualified homeowners a deferred loan of up to $50,000 with a 2% simple interest rate. Repayment of the loan is due at the time of title change, resale, refinance with cash out, or non-compliance with program requirements. This program is not a conventional equity loan or equity line of credit, and funding must be used to correct code violations or deferred maintenance.
For program information and other requirements, please contact the City of Perris Housing Authority at 951-435-7220.
The U.S. Department of Housing and Urban Development's Neighborhood Stabilization Program (NSP) provides targeted emergency assistance to states and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. This program is authorized under Title III of the Housing and Economic Recovery Act of 2008.
This program is implemented by the Perris Housing Authority.
To request a payoff of an existing HAP or First Time Homebuyer loan, please provide the following documents:
Mail or hand-deliver all documents to:
City of Perris Housing Authority
24 South D. Street
Suite 102
Perris, CA 92570
Faxed or emailed documents are NOT accepted.
The process takes 7-14 business days to complete—excluding Fridays and holidays. Please be advised that we do not offer expedited services and require that the lender or escrow submit requests at least 30 days prior to closing.
For refinance and other transactions that do not include the removal of equity, cash-out, or change of property ownership, please download the Subordination package below.
The process takes 7-10 business days to complete—excluding Fridays and holidays. Please be advised that we do not offer expedited services and require that the lender or escrow submit requests at least 30 days prior to closing. Faxed or emailed documents are NOT accepted.
See our Housing Authority Fee Schedule below for related processing fees. Processessing fees may be paid at close of escrow. Fees must be referenced on settlement statement prior to close.
Lender/Escrow: Please be advised that incomplete files will be returned unprocessed and are subject to additional fees upon resubmittal. Missing information and/or missing documents constitute an incomplete file and will be returned unprocessed. Please be sure to submit a “complete” package to avoid resubmittal processing fees. .
Housing Authority Fee Schedule
Payoff Demand Requests — $850
Subordination Requests — $650
Resubmittals — $400
(Perris Housing Authority, approved September 27, 2016)
To qualify as an eligible Capital Improvement Credit, each expenditure must be approved in advance by the City of Perris Housing Authority, PRIOR to installation of improvement. The maximum Capital Improvement Credits shall not exceed 150% of the value of the HAP loan. The City will review the proposal and approve eligible Capital Improvements within seven (7) days. The homeowner will be notified in writing of eligibility for credit.