Call Center Company in Antioch, CA

The Brief

A new program has been launched in the city of Antioch, offering first-time homebuyers up to $100,000 to help purchase a home.

The Antioch Home Ownership Program (AHOP) is in partnership with the nonprofit Bay Area Affordable Homeownership Alliance (BAAHA) and seeks to improve housing security in the city, while making homeownership more accessible to its residents.

To be eligible, AHOP loan recipients must fall under the low-income or moderate-income limits defined by the U.S. Department of Housing and Urban Development (HUD).

By the numbers:

In the Contra Costa County city of Antioch, low income is defined as $87,550 for a single person. For a household of four, it’s about $125,000.

A single person making $134,250 falls under the moderate income cap, and for a household of four, the amount is $191,750.

In all Bay Area counties, earning six-figures can still be considered 'low income'

Other eligibility requirements include an application submitted to BAAHA, meeting a FICO credit score of more than 640, and having 3% saved as a down payment.

The subsidy recipients must also be first-time home buyers, although that definition is loose, meaning it requires that no one in the household has owned a home in the past three years prior to submitting an application.

Homeowner education requirement

Perhaps one of the most critical elements of the program, even before the application is submitted, is undergoing a six-hour HUD home buyer education course.

"This is really important," BAAHA Administrative Director Walter Zhovreboff explained to KTVU. "We’re trying to prevent default and prevent people failing in homeownership… because we want them to be successful, and we also want them to be committed to the process."

Zhovreboff noted that the educational course also provides a clear picture of what is required to be a homeowner, and in some cases, a potential applicant will realize they are not equipped after learning more about the necessary aspects of homeownership.

Applicants must submit a homebuyer education and counseling completion certificate provided by a HUD-approved education provider.

Dig deeper:

Under AHOP, ​the city of Antioch will provide as much as $60,000 of the subsidy.

The money is a loan and is offered with no interest and no payments required for 15 years.

The principal balance of the loan must be repaid in full along with shared appreciation either at the end of the 15 years, or if the property transfers ownership or title, or the home is refinanced with a cash-out loan.

"The amount of shared appreciation is established at the time of the home purchase by applying the percentage of the dollar amount of the AHOP loan provided in relation to the purchase price of the property," according to BAAHA.

So, if a recipient bought a home for $600K and received a loan of $60K from AHOP, then the shared appreciation to be paid back would equal 10%.

After 15 years, the payment price would take whatever the home's profit is at the time the loan is repaid, multiplied by the shared appreciation allocation of 10%.

The AHOP participant will be required to pay back that amount of the shared appreciation plus the original loan amount of $60K.

Other funding sources

Subsidy recipients can receive another $40,000 through participating partners, including the federal home loan bank WISH program.

Those grants do not have to be paid back and are forgiven in their entirety over five years, Zhovreboff noted.

To be eligible, a buyer has to put down $7,500 of their money into the transaction, and must themselves live in the home for five years. The homeowner can't rent out the property.

Limited grants

The money is being distributed on a first-come-first-served basis, with only a limited number of loans available.

Zhovreboff estimated the program would benefit about 15 households.

Big picture view:

The assistance program is the first of its kind in Antioch in recent years.

Last month, KTVU reported about another new Bay Area program for first-time homebuyers, offering residents as much as $200,000 in down payment assistance.

Under the Home Access Program, created by San Jose-based nonprofit Housing Trust Silicon Valley, recipients can get down-payment assistance of up to 40% of the home's purchasing price, at a max of $200,000.

That program benefits first-time homebuyers in Alameda and Contra Costa counties.

Zhovreboff noted that there is some uncertainty about future federal funding for programs like AHOP, due to the Trump administration's proposed cuts to HUD community block grants.

But he said, at the state level, efforts continue to be made to help residents achieve the dream of homeownership, both through legislation and through increased housing development initiatives.

"The state of California has made it a big priority to help homebuyers and help expand homeownership in the state," the affordable housing expert said. "They've provided generous funding resources, and as long as they can secure the funding sources, I think the state will stay active."

Zhovreboff highly recommended that those interested in applying to AHOP attend a free informational virtual workshop on Thursday, May 22 at 6 p.m.

A reservation is required, with the deadline to register on Wednesday, May 21, at 7 p.m.

Docuseries The Class follows Antioch students facing pandemic challenges

The Class is a six-part documentary series that follows the journey of seniors at Deer Valley High School in Antioch, CA, during the unprecedented 2020-2021 school year. Capturing their resilience, hope, and determination amidst the challenges of the pandemic, the series shines a light on the power of higher education. Mr. Cam, the school’s passionate new college adviser, and producer Jaye Fenderson, sat down with KTVU's Betty Yu to discuss the impact of the documentary, the obstacles the students faced, and the crucial role of mentorship.

Join the Celebrate Antioch Foundation and downtown merchants on May 10 for its Rivertown Wine Walk and Artisan Faire. The event is from 12:00 pm to 4:00 pm in the City of Antioch.

This is an afternoon of Art, Handmade Crafts, Wine Tasting and Live Music Performed by Project 4 Band! This is a free & fun, family-friendly event. This event is free to the public, but to participate in the wine tasting the cost is $25 in advance and $30 at the door. You must be at least 21 years of age and provide a photo ID.

Tickets available at Willow Park Mercantile, Rivertown Treasure Chest or online at Eventbrite.com.

Fun Outdoor Wine Tasting Event! The Rivertown Business District is hosting local Wineries in Beautiful Downtown Antioch’s Rivertown Business District!

This is a Free Event to the Public to Enjoy Artisan Faire and Music, If you Wish to Participate in the Wine Walk You Must Purchase a Ticket and be At Least 21 Years of Age. Tickets are limited to 500 so its highly recommend you order tickets in advance. Tickets also sold at Willow Park Mercantile in Downtown Antioch CA

Participating Local Wineries & Merchants:

*Businesses Pouring Wine from 12pm -4:00pm

**Sponsored by Celebrate Antioch Foundation**

Free Public Parking: 2nd & E Streets, 2nd & F Streets, 2nd & Waldie Plaza, Between 2nd & 3rd City Hall, Across the Street from City Hall, Between 2nd & 3rd, Nick Rodriquez Comm. Center, 3rd & H Streets, 3rd & I Streets.

* TICKETS *

Artistisan Vendor Application https://form.jotform.com/250198971074161

For more upcoming events around Contra Costa County, visit our events calendar.

Ribbon cutting, vendor samples, BMX Bike performances

By Allen D. Payton

According to management staff, after undergoing $13 million of improvements, the Antioch Walmart Supercenter will hold a Grand Re-Opening Friday, April 4, 2025.

A Ribbon Cutting will be held between 8:00 and 9:00 am. and during the ceremony the plan is to congratulate some of the original associates of the store.

Plus, sampling by vendors such as Monster, Coke, Pepsi and Frito-Lay as well as BMX Bike performances.

First approved by the City Council in 1998, the store opened in 2000. It was approved for expansion to include a grocery section by the City Council in 2012. Then following a lawsuit and a 2013 state Supreme Court decision the expansion was allowed to proceed.

The latest improvements include a new building on the west side of the store for customer pick-ups.

The store, #2697, is located at 4893 Lone Tree Way in the Williamson Ranch Plaza. For more information visit www.walmart.com/store/2697-antioch-ca.

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This entry was posted on Thursday, April 3rd, 2025 at 6:29 pm and is filed under Business, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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« Chick-fil-A to open new restaurant in Antioch Thursday

Antioch Chamber honors Mike’s Pastry Shop, Travis Credit Union as 2024 Businesses of the Year »

Economic Development Department partners with key stakeholders to offer direct services to the small business community.

By Collette Hanna, Executive Director, Alliance for Community Development & Jaden Baird, PIO, City of Antioch

ANTIOCH, CA — The City of Antioch Economic Development Department has launched the Antioch Business Collaborative, a collective effort to support the city’s small business community. The Antioch Business Collaborative brings together technical assistance providers and funders to provide one-on-one as well as group advisory services, and access to capital for small businesses located in the city of Antioch. It provides a range of resources to help ensure small business success in the Antioch community.

The Antioch Business Collaborative is an economic development initiative of the City of Antioch, with the goal of providing support to the over 3,000 small businesses in the city. The initiative is funded by the American Rescue Plan Act, with targeted support provided to businesses through 2027. Through the Antioch Business Collaborative, small businesses can contact one of the designated partners for help with any of the following services:

• Technical assistance on starting a business, writing a business plan, budgeting, financial management, marketing, and other topics• Workshops and accelerator programs• Assistance with access to capital including low-interest loans and grants

Antioch Business Collaborative partners include:• Alliance for Community Development• Arroyo West• East Bay Small Business Development Center• ESO Ventures• Pacific Community Ventures• Renaissance Center• Uptima Entrepreneur Cooperative• Working Solutions CDFI

In addition, according to Gaby Seltzer, the City’s Economic Recovery Corps Fellow, the Antioch Chamber of Commerce “has been actively involved as a supporting partner in this effort. The Chamber and the Antioch Business Collaborative are two separate but mutually supportive business resources. The Antioch Business Collaborative is a group of organizations funded by city contracts to provide free technical assistance to all Antioch businesses. The Chamber is a membership organization that provides input and promotes these services to its members.”

“We are very proud to support the small business community in Antioch, understanding that they play a critical role in building the entire Antioch economy. Our businesses deserve support to help them grow and thrive, and our residents and community need their existence for our everyday needs of goods and services. We’re happy to have this partnership in place to build and grow the Antioch economy,” said Brad Helfenberger.

Businesses can visit www.growfromwithinantioch.com to learn more about the Antioch Business Collaborative and to find a partner with which to work on growing their business.

Allen D. Payton contributed to this report.

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2024, Antioch Business Flyer, Regular Concept

2024, Antioch Business Flyer, Regular Concept

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