According to the National Association of Realtors, Santa Ana’s median price for a single-family home is $745,200, which makes it one of the three most-expensive housing markets in the nation. Aware of the strain that puts on a first-time homebuyer’s ability to live there, the city is stepping up with an assistance offer.

Santa Ana has announced a program that will give eligible first-time buyers up to $40,000 with a zero percent interest rate.

There are stipulations, of course. The program will operate on a first-come, first-served basis. Buyers have a ceiling on the price of a residence: $466,000 for an existing house or condo and $560,000 for a new home or condo. Household annual income must be at or below 80 percent of area median income, which is $57,800 for a two-person household.

A quick look around at current listings in the city shows a lot of condo opportunities within the acceptable price zone, as well as a few houses. This remodeled three-bedroom house and this 1924 Hacienda Style home stand out in particular.