CalPERS launched its Member Home Loan Program in 1982 and offered benefits for members that included reduced lender fees, lower closing costs, and down payment assistance.

The CalPERS Home Loan Program was discontinued in December 2010 due to several external factors, including changing market conditions.

Companies advertising home loans for CalPERS members or state employees aren't directly affiliated with or endorsed by CalPERS.

Homeownership Assistance Programs

If you wish to purchase a home in California, the following state agencies may have programs or resources available to you: