Teacher Next Door boosts home buying with $9,000 grants, $24,000 down-payment aid

CALIFORNIA — Teachers across the nation – including California, may find it easier to buy a home thanks to expanded financial support through the Teacher Next Door Program, officials say.

Teacher Next Door provides financial resources to educators to assist with closing costs and down-payments when purchasing a home. Eligible participants can access grants of up to $9,000, as well as down-payment assistance of up to $24,000, depending on location and specific eligibility.

California continues to rank among the most expensive housing markets in the country. The median price of an existing single-family home was near $900,000 in mid-2025 and is expected to climb to roughly $905,000 in 2026.

In response to rising costs, state lawmakers are advancing a proposed $10 billion affordable housing bond.

The measure, which could go before voters in June 2026, would fund affordable housing construction and preservation while expanding homeownership assistance across the state.

Teachers build stronger communities

As home prices continue to strain affordability, programs like Teacher Next Door are expanding to help eligible educators bridge the gap to homeownership.

National Director of the Teacher Next Door Program Steve Parks said teachers are foundational to the strength of communities.

“By expanding these assistance levels, we’re helping educators better access stable, long-term homeownership despite the realities of today’s housing market,” Parks said.

Grants never have to be repaid

The program maintains access to a national network of more than 200 grant and down-payment assistance programs, including the Teacher Next Door grant, to support eligible educators across the United States.

Grant funds made available through the program never have to be repaid, provided program guidelines are met.

Down-payment assistance programs may be layered with grants and can vary by location and funding source.

Some down-payment assistance programs are structured as forgivable second mortgages, which may be forgiven after a required occupancy period — often three years — while other programs may have different terms.

For more information, visit www.teachernextdoor.us