Are you really willing to barrow the loan for a down payment under the CalHFA Ca Dream for All Program.

You have to repay the loan eventually at sale/transfer or after 1 refinance or when the loan is paid off at end of term and then you have to share appreciate.

That shared appreciate can cost more than PMI.

If you live in a HCOL city than it may be worth it if houses will just appreciate and appreciate you will keep the house for a long time