CAFA First Home

The Capital Area Finance Authority (“CAFA”) provides homebuyer assistance to qualified homebuyers to assist in purchasing homes throughout the state of Louisiana. The Assistance is in the form of tax-exempt revenue bond and can provide up to 4% of the final loan amount. You must be a First Time Homebuyer for this program unless you are in a targeted census tract or if you are a Veteran. Funds can be used towards your down payment, closing cost, prepaid items or buy out mortgage Insurance. The fixed rate for government loans is 6.58% and for conventional loans it’s 6.98%

BUYERS MUST MEET THESE ELIGIBILITY REQUIREMENTS TO QUALIFY:

  • Minimum FICO Score of 620 *660 for US Bank

  • Debt to Income Ratio up to 55% *45% for US Bank

  • Maximum Loan Amount for FHA $472,030

  • Maximum Loan Amount for Freddie Mac $726,200

  • Meet Program Income Limits by Parish

Map of Parishes Participating in CAFA First Home
Participating Parishes
Parishes NOT Approved with CAFA

CAFA First Home Income Limits By Parish

Parish Non-Targeted Loans Over 80% AMI: 1-2 Person Households Non-Targeted Loans Over 80% AMI: 3+ Person Households Targeted Loans Over 80% AMI: 1-2 Person Households Targeted Loans Over 80% AMI: 3+ Person Households Conventional Loans 80% AMI or Less
Acadia $75,200 $86,480 $90,240 $105,280 $59,840
Ascension $83,300 $95,795 $99,960 $116,620 $69,440
Assumption $75,200 $86,480 $90,240 $105,280 $69,440
Avoyelles $75,200 $86,480 $90,240 $105,280 $47,520
Beauregard $81,700 $93,955 $98,040 $114,380 $70,080
Bienville $75,200 $86,480 $90,240 $105,280 $47,520
Bossier $75,200 $86,480 $90,240 $105,280 $60,160
Caddo $75,200 $86,480 $90,240 $105,280 $60,160
Calcasieu $81,700 $93,955 $98,040 $114,380 $63,200
Caldwell $75,200 $86,480 $90,240 $105,280 $57,200
Cameron $81,700 $93,955 $98,040 $114,380 $63,200
Catahoula $75,200 $86,480 $90,240 $105,280 $54,160
Claiborne $75,200 $86,480 $90,240 $105,280 $47,520
Concordia $75,200 $86,480 $90,240 $105,280 $47,520
East Baton Rouge $83,300 $95,795 $99,960 $116,620 $69,440
East Carroll $75,200 $86,480 $90,240 $105,280 $47,520
East Feliciana $83,300 $95,795 $99,960 $116,620 $69,440
Evangeline $75,200 $86,480 $90,240 $105,280 $47,520
Franklin $75,200 $86,480 $90,240 $105,280 $47,520
Grant $75,200 $86,480 $90,240 $105,280 $59,360
Iberia $75,200 $86,480 $90,240 $105,280 $59,840
Iberville $75,200 $86,480 $90,240 $105,280 $69,440
Jefferson Davis $75,200 $86,480 $90,240 $105,280 $60,800
Lafourche $81,300 $93,495 $97,560 $113,820 $63,680
LaSalle $76,300 $87,745 $91,560 $106,820 $63,280
Lincoln $75,200 $86,480 $90,240 $105,280 $49,760
Livingston $83,300 $95,795 $99,960 $116,620 $69,440
Madison $75,200 $86,480 $90,240 $105,280 $47,520
Morehouse $75,200 $86,480 $90,240 $105,280 $51,360
Natchitoches $75,200 $86,480 $90,240 $105,280 $52,320
Ouachita $75,200 $86,480 $90,240 $105,280 $51,360
Plaquemines $121,940 $69,680
Pointe Coupee $83,300 $95,795 $99,960 $116,620 $69,440
Rapides $75,200 $86,480 $90,240 $105,280 $59,360
Red River $75,200 $86,480 $90,240 $105,280 $48,320
Sabine $75,200 $86,480 $90,240 $105,280 $49,120
St. Bernard $82,000 $94,300 $98,400 $114,800 $69,680
St. Charles $82,000 $94,300 $98,400 $114,800 $69,680
St. Helena $83,300 $95,795 $99,960 $116,620 $69,440
St. James $82,300 $94,645 $98,760 $115,220 $69,680
St. John the Baptist $82,000 $94,300 $98,400 $114,800 $69,680
St. Landry $75,200 $86,480 $90,240 $105,280 $47,520
St. Martin $82,600 $94,990 $99,120 $115,640 $59,840
St. Mary $75,200 $86,480 $90,240 $105,280 $53,600
St. Tammany $82,000 $94,300 $98,400 $114,800 $69,680
Tangipahoa $78,600 $90,390 $94,320 $110,040 $61,040
Tensas $75,200 $86,480 $90,240 $105,280 $47,520
Terrebonne $81,300 $93,495 $97,560 $113,820 $63,680
Union $75,200 $86,480 $90,240 $105,280 $51,360
Vermillion $77,300 $88,895 $92,760 $108,220 $59,840
Vernon $75,200 $86,480 $90,240 $105,280 $55,520
Washington $75,200 $86,480 $90,240 $105,280 $47,520
Webster $75,200 $86,480 $90,240 $105,280 $47,520
West Carroll $77,400 $89,010 $89,010 $108,360 $53,840
Winn $77,400 $89,010 $89,010 $108,360 $48,880