We wanted to take a moment to highlight some of the programs available through the California Housing Finance Agency that can help ease the burden — especially for first-time homebuyers. Remember CalHFA programs have income eligibility requirements, where interested borrowers in Santa Clara County need to make less than $300,000 annually.
🏡 Down payments
Finding the cash to put a down payment on your home can be one of the biggest obstacles for some people. Thankfully, the state has the MyHome Assistance Program, which offers a deferred-payment loan of up to 3.5% of the home’s purchase price or appraisal value (whichever is less) to help first-time buyers with down payments and closing costs.
As of this month, average mortgage rates in San Jose are 7.475% APR for a 30-year fixed-rate mortgage. The state offers four main types of mortgage loans for first-time buyers, with the standard being the CalHFA FHA Loan Program, a 30-year, fixed-interest loan.
If you or a loved one already owns a home and are looking to make space for more family members, the state will reimburse you up to $40,000 for creating a secondary unit (like a backyard cottage) on your property through the Accessory Dwelling Unit Grant Program.
Foodieland Night Market | Friday, Sept. 8-Sunday, Sept. 10 | Times vary | Santa Clara County Fairgrounds, 344 Tully Rd., San Jose | $5-$7 | Indulge in cuisines from all over the globe with 175+ food vendors and music, games, and entertainment for the whole family.
San Jose Giants vs Ports | Friday, Sept. 8-Sunday, Sept. 10 | Times vary | Excite Ballpark, 588 E. Alma Ave., San Jose | $15-$29 | Cheer on our home team as they take on competitors from Stockton.
Saturday, Sept. 9
Silicon Valley Fall Fest 2023 | Saturday, Sept. 9 | 10 a.m.-7 p.m. | Memorial Park, 21121 Stevens Creek Blvd., Cupertino | Free | Join this community fair featuring craft beer tasting, robotics, train rides, a bike rodeo, live music, and more.
Downtown West Creekside Social | Saturday, Sept. 9 | 11 a.m.-3 p.m. | 20 Barack Obama Blvd., San Jose | Free | Enjoy local bites, live music, vendors, activities, and more at the first event of this social series.
Raging Waters in East San Jose announced that it has permanently closed following the end of its 2023 season. The 23-acre water park — Northern California’s largest water park — opened in 1985 at Lake Cunningham. Share your favorite memories from the aquatic park.
Santa Clara County has reported a potential fruit fly infestation in a 112-square mile area that includes Santa Clara + parts of San Jose, Milpitas, Sunnyvale, and Cupertino. A quarantine for homegrown fruits and veggies will be in effect through June 2024 while areas are treated. Learn more + see the affected areas. (NBC Bay Area)
State officials voted this week to make August Transgender History Month, making California the first to do so in the US. San Francisco also became the first US city to make the declaration in 2021, with Santa Clara County following shortly behind. (FOX40)
The tarps and scaffolding on the abandoned First Church of Christ Scientist building on East St. James street have come down. The 1905 neoclassical structure has become a hot topic as the city plans to vote on its potential rehabilitation later this month. Learn the background behind the neglected building. (CBS News)
The new Cesar Chavez Early Learning Center is now open and helping low-income families and underserved students build a relationship with community educators. The center was created through a partnership with the Alum Rock School District, Kidango, and SOMOS Mayfair to provide childcare, diapers, legal advice, and more. (CBS News)
$33.5 million. That’s the amount of revenue that Taylor Swift raked in for Santa Clara County through sales, lodging, food, and entertainment from fans. Beyoncé and Ed Sheeran are also predicted to garner near $7-$10 million each. We can only imagine how much Super Bowl LX in 2026 will bring... (San José Spotlight)
This leading credit card touts 0% intro APR on balance transfers for guess how many months… with no annual fee. (Hint: The 0% intro APR period lasts until 2025.) Details revealed here.*
You can’t beat the lowrider scene in SJ. | Photo via @sj.shooters
This is a weekend you wheely don’t want to miss. Skrrt on over to these four free shows for a classic automobile fix:
Compas Ranflas y Rolas Show & Shine | Saturday, Sept. 9 | 11 a.m.- 3 p.m. | Strike Brewing Co. | All clubs, bikes, and solo riders are welcome to join this car show featuring food vendors, a raffle, and a live DJ.
23rd Annual Antique Autos | Saturday, Sept. 9 | 11 a.m.-4 p.m. | History Park | See tons of pre-1946 vehicles + antique collectibles.
I’m glad that it’s still the season of show + shines... I shared this on our Instagram but, my favorite part about lowrider shows is how family-forward it is. I grew up with grandparents who were active in their classic car groups, and seeing a similar community with cars passed down through generations... it’s incredible.