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%

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

Program Highlights

  • Below market rate

  • Government rate 6.58%

  • Freddie Mac/ Fannie Mae 6.98%

  • Up to 4% DPA

  • Quicker Under writing

Lenders that are approved for CAFA First Home currently, can find additional resources and program guidelines here.

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 $61,920
Ascension $83,300 $95,795 $99,960 $116,620 $66,320
Assumption $75,200 $86,480 $90,240 $105,280 $66,320
Avoyelles $75,200 $86,480 $90,240 $105,280 $46,320
Beauregard $81,700 $93,955 $98,040 $114,380 $65,360
Bienville $75,200 $86,480 $90,240 $105,280 $46,320
Bossier $75,200 $86,480 $90,240 $105,280 $55,600
Caddo $75,200 $86,480 $90,240 $105,280 $55,600
Calcasieu $81,700 $93,955 $98,040 $114,380 $65,360
Caldwell $75,200 $86,480 $90,240 $105,280 $54,080
Cameron $81,700 $93,955 $98,040 $114,380 $65,360
Catahoula $75,200 $86,480 $90,240 $105,280 $50,880
Claiborne $75,200 $86,480 $90,240 $105,280 $46,320
Concordia $75,200 $86,480 $90,240 $105,280 $46,320
East Baton Rouge $83,300 $95,795 $99,960 $116,620 $66,320
East Carroll $75,200 $86,480 $90,240 $105,280 $46,320
East Feliciana $83,300 $95,795 $99,960 $116,620 $66,320
Evangeline $75,200 $86,480 $90,240 $105,280 $46,320
Franklin $75,200 $86,480 $90,240 $105,280 $46,320
Grant $75,200 $86,480 $90,240 $105,280 $50,240
Iberia $75,200 $86,480 $90,240 $105,280 $61,920
Iberville $75,200 $86,480 $90,240 $105,280 $66,320
Jefferson Davis $75,200 $86,480 $90,240 $105,280 $65,840
Lafourche $81,300 $93,495 $97,560 $113,820 $65,040
LaSalle $76,300 $87,745 $91,560 $106,820 $61,040
Lincoln $75,200 $86,480 $90,240 $105,280 $51,040
Livingston $83,300 $95,795 $99,960 $116,620 $66,320
Madison $75,200 $86,480 $90,240 $105,280 $46,320
Morehouse $75,200 $86,480 $90,240 $105,280 $49,200
Natchitoches $75,200 $86,480 $90,240 $105,280 $48,400
Ouachita $75,200 $86,480 $90,240 $105,280 $49,200
Pointe Coupee $83,300 $95,795 $99,960 $116,620 $66,320
Rapides $75,200 $86,480 $90,240 $105,280 $50,240
Red River $75,200 $86,480 $90,240 $105,280 $49,360
Sabine $75,200 $86,480 $90,240 $105,280 $48,640
St. Bernard $82,000 $94,300 $98,400 $114,800 $65,840
St. Charles $82,000 $94,300 $98,400 $114,800 $65,840
St. Helena $83,300 $95,795 $99,960 $116,620 $66,320
St. James $82,300 $94,645 $98,760 $115,220 $65,840
St. John the Baptist $82,000 $94,300 $98,400 $114,800 $65,840
St. Landry $75,200 $86,480 $90,240 $105,280 $46,320
St. Martin $82,600 $94,990 $99,120 $115,640 $61,920
St. Mary $75,200 $86,480 $90,240 $105,280 $49,760
St. Tammany $82,000 $94,300 $98,400 $114,800 $65,840
Tangipahoa $78,600 $90,390 $94,320 $110,040 $62,880
Tensas $75,200 $86,480 $90,240 $105,280 $46,320
Terrebonne $81,300 $93,495 $97,560 $113,820 $65,040
Union $75,200 $86,480 $90,240 $105,280 $49,200
Vermillion $77,300 $88,895 $92,760 $108,220 $61,920
Vernon $75,200 $86,480 $90,240 $105,280 $55,120
Washington $75,200 $86,480 $90,240 $105,280 $46,320
Webster $75,200 $86,480 $90,240 $105,280 $46,320