Goals and Proposed Solutions
Three primary goals to address barriers:
- Incentivize Affordable Homeownership: Focus on developer incentives, down payment assistance, and affirmative marketing to under-represented groups.
- Expand and Preserve Affordable Rental Housing: Encourage reasonable tenant policies regarding criminal and credit history, and increase units accessible to people with disabilities .
- Expand Equity in Opportunity: Improve infrastructure and public transportation in disadvantaged communities and connect low-income residents to job opportunities.
Drawn from the Sac Valley Analysis of Impediments to Fair Housing Choice
Housing Resources for District 2 Residents
Finding a place to call home shouldn’t be a full-time job. Whether you are looking for affordable housing in Rancho Cordova or ready to buy your first home in neighborhoods like Cordova Highlands or Walnut Woods, this guide is here to help you navigate the system.
As a community with a near-even split of owners (51%) and renters (49%), District 2 needs resources that work for everyone.
Affordable Rental Options
District 2 is home to several affordable apartment complexes. These communities offer stabilized rents to help hardworking families stay in the neighborhoods they love.
| Complex | Neighborhood | Resources |
| Coloma Woods | Near Coloma Woods | View City Details |
| Crossings at New Rancho | Near Seville Apartments | View City Details |
| Sunrise Meadows | Near Sunrise Station | View City Details |
Know Your Rights: If you believe you’ve faced housing discrimination, you can file a complaint with the California Civil Rights Department. For general landlord-tenant disputes, the Renters Helpline (2-1-1) is available to all District 2 residents regardless of income.
Path to Homeownership
Buying a home in Rancho Cordova is a major milestone. With 43% of our households earning over $75k, many residents are in a position to transition from renting to owning with the right support.
1. CalHFA Loan Programs
The California Housing Finance Agency (CalHFA) offers 30-year fixed-rate mortgages, including FHA-insured loans for those with limited down payment funds.
- Income Limits (2026): For Sacramento County, the moderate-income limit is $239,000.
- Low-Income Threshold: Approximately $91,120 for the Sacramento area.
- Requirements: You must be a first-time homebuyer, use the home as your primary residence, and complete a homebuyer education course.
2. Down Payment Assistance
- MyHome Assistance: Offers a “junior loan” of up to 3.5% for down payments or closing costs.
- Dream For All: A shared appreciation program providing up to 20% assistance for first-generation buyers.
- CalHome Program: Provides “gap financing” specifically for households earning 80% or less of the Area Median Income (AMI).
Critical Home Repairs & Support
Our District 2 neighborhoods, from Natoma Meadows to Glenfaire, thrive when our existing homes are well-maintained.
- Housing Preservation: Through Rebuilding Together Sacramento, low-income homeowners—especially seniors (60+), veterans, and those with disabilities—can get help with critical health and safety repairs (roofing, plumbing, or ADA ramps).
- CDBG Grants: The City uses Community Development Block Grants to fund these vital programs. To qualify for direct aid, your household income must typically be at or below 80% of the Area Median Income.
FAQs for District 2 Voters
How do I get started with a home loan?
You don’t apply through the City. Instead, contact a CalHFA-approved lender to verify your eligibility and start your homebuyer education early.