The City of Oroville's First Time Home Buyer Program has $2.5 Million and offers loans up to $200,000, or 45% of the value of a new home. The property being purchased must be within the City limits and income and credit restrictions apply. The City loans accrue interest, but payments are deferred until the home is sold, title transferred or the first mortgage paid off. More information is available at the Housing Development Department's website.
Housing Rehabilitation Program has more than $500,000 which can provide homeowners with loans of up to $60,000 which can be used for necessary health, safety or code repairs or to upgrade energy efficiency. Details and information on how to apply are available at their website.