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 5% 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 Conventional loans 6.89% and Government loans is 6.64%
Participating Parishes
Parishes NOT Approved with CAFA
Program Highlights
Below market rate
Government rate 6.64%
Freddie Mac/ Fannie Mae 6.89%
Up to 5% 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 |
|---|---|---|---|---|
| Acadia | $82,100 | $94,415 | $98,520 | $114,940 |
| Ascension | $91,700 | $105,455 | $110,040 | $128,380 |
| Assumption | $82,100 | $94,415 | $98,520 | $114,940 |
| Avoyelles | $82,100 | $94,415 | $98,520 | $114,940 |
| Beauregard | $85,000 | $97,750 | $102,000 | $119,000 |
| Bienville | $82,100 | $94,415 | $98,520 | $114,940 |
| Bossier | $82,100 | $94,415 | $98,520 | $114,940 |
| Caddo | $82,100 | $94,415 | $98,520 | $114,940 |
| Calcasieu | $91,100 | $104,765 | $109,320 | $127,540 |
| Caldwell | $86,800 | $99,820 | $104,160 | $121,520 |
| Cameron | $91,100 | $104,765 | $109,320 | $127,540 |
| Catahoula | $82,100 | $94,415 | $98,520 | $114,940 |
| Claiborne | $82,100 | $94,415 | $98,520 | $114,940 |
| Concordia | $82,100 | $94,415 | $98,520 | $114,940 |
| East Baton Rouge | $91,700 | $105,455 | $110,040 | $128,380 |
| East Carroll | $82,100 | $94,415 | $98,520 | $114,940 |
| East Feliciana | $91,700 | $105,455 | $110,040 | $128,380 |
| Evangeline | $82,100 | $94,415 | $98,520 | $114,940 |
| Franklin | $82,100 | $94,415 | $98,520 | $114,940 |
| Grant | $82,100 | $94,415 | $98,520 | $114,940 |
| Iberia | $82,100 | $94,415 | $98,520 | $114,940 |
| Iberville | $82,100 | $94,415 | $98,520 | $114,940 |
| Jefferson Davis | $82,100 | $94,415 | $98,520 | $114,940 |
| Lafourche | $82,100 | $94,415 | $98,520 | $114,940 |
| LaSalle | $92,200 | $106,030 | $110,640 | $129,080 |
| Lincoln | $82,100 | $94,415 | $98,520 | $114,940 |
| Livingston | $91,700 | $105,455 | $98,520 | $114,940 |
| Madison | $82,100 | $94,415 | $98,520 | $114,940 |
| Morehouse | $82,100 | $94,415 | $98,520 | $114,940 |
| Natchitoches | $82,100 | $94,415 | $98,520 | $114,940 |
| Ouachita | $82,100 | $94,415 | $98,520 | $114,940 |
| Pointe Coupee | $91,700 | $105,455 | $110,040 | $128,380 |
| Rapides | $82,100 | $94,415 | $98,520 | $114,940 |
| Red River | $82,100 | $94,415 | $98,520 | $114,940 |
| Sabine | $82,100 | $94,415 | $98,520 | $114,940 |
| St. Bernard | $89,800 | $103,270 | $107,760 | $125,720 |
| St. Charles | $89,800 | $103,270 | $107,760 | $125,720 |
| St. Helena | $91,700 | $105,455 | $110,040 | $128,380 |
| St. James | $94,700 | $108,905 | $113,640 | $132,580 |
| St. John the Baptist | $89,800 | $103,270 | $107,760 | $125,720 |
| St. Landry | $82,100 | $94,415 | $98,520 | $114,940 |
| St. Martin | $84,700 | $97,405 | $101,640 | $118,580 |
| St. Mary | $82,100 | $94,415 | $98,520 | $114,940 |
| St. Tammany | $98,000 | $112,700 | $117,600 | $137,200 |
| Tangipahoa | $82,100 | $94,415 | $98,520 | $114,940 |
| Tensas | $82,100 | $94,415 | $98,520 | $114,940 |
| Terrebonne | $82,100 | $94,415 | $98,520 | $114,940 |
| Union | $82,100 | $94,415 | $98,520 | $114,940 |
| Vermillion | $82,100 | $94,415 | $98,520 | $114,940 |
| Vernon | $82,100 | $94,415 | $98,520 | $114,940 |
| Washington | $82,100 | $94,415 | $98,520 | $114,940 |
| Webster | $82,100 | $94,415 | $98,520 | $114,940 |
| West Carroll | $82,100 | $94,415 | $98,520 | $114,940 |
| Winn | $82,100 | $94,415 | $98,520 | $114,940 |