The Small Business Incentive Program offers up to $5,000 for Santa Ana Businesses with 5 or less employees (including the owners) during the first three years in business. Funds are granted as a reimbursement for eligible business expenses. Businesses must be able to provide proof (receipts) for those expenses. Up to $5,000 for businesses with … Continued
Individuals who will be on the title and deed of the property.
If the property being purchased was a rental property, a Seller’s Statement is required to declare that no individual was evicted before the sale.
The expected turn-around time is 30-45 days.
Yes
No, there is no course requirement for realtors or lenders.
No, we will work with any lenders who meet our requirements, outlined in the program application.
Yes
Payment is due as a lump-sum at the end of either 30 or 45 years (depending on the funding source available when you apply) or when the property is sold or transferred to another party. We do not accept monthly payments. If the property is refinanced and the equity is cashed-out, we require payment of … Continued
ADUs may be rented separately from the primary residence, but shall not be used as a short-term vacation rental. An ADU may only be sold separately from the primary building on the lot if the primary building and the ADU were built or developed by a qualified non-profit corporation in accordance with Government Code Section … Continued
