First-time homebuyers who are interested in applying for the program, contact a HOP participating lender to get started with being pre-qualified. The HOP participating lender will submit the HOP application on your behalf on the above dates.
HOP funds will be released on a first-come, first-served basis.
HOP is financed with HOME funds provided through the U.S. Department of Housing and Urban Development (HUD) and is subject to the applicable federal regulations. HOP is designed to meet the needs of low-income families. This program will provide a 2nd Trust Deed loan at 0% interest with all payments deferred until sale, transfer, refinancing, no longer owner-occupied, or full repayment of the first mortgage. HOP loans are available in the unincorporated areas of Los Angeles County and cities participating in the Community Development Block Grant (CDBG) Urban County Program. HOP Second Trust Deed provides up to 20% of the purchase price for down payment and closing costs assistance not to exceed $75,000.
All applicants must complete an 8-hour homebuyer education seminar from an approved HUD counseling agency.
L.A. County Median Income Guidelines - Effective June 1, 2018 80% COUNTY MEDIAN INCOME
*Income not to exceed maximum amount per family size.
1.City of Agoura Hills 2.City of Arcadia 3.City of Avalon 4.City of Azusa 5.City of Bell 6.City of Bell Gardens 7.City of Beverly Hills 8.City of Calabasas 9.City of Cerritos 10.City of Claremont 11.City of Commerce 12.City of Covina 13.City of Cudahy 14.City of Culver City 15.City of Diamond Bar 16.City of Duarte 17.City of El Segundo 18.City of Hawaiian Gardens 19.City of Hermosa Beach 20.City of Irwindale 21.City of La Canada Flintridge 22.City of La Habra Heights 23.City of La Mirada 24.City of La Puente 25.City of La Verne 26.City of Lawndale
All HOP applicants must complete an 8-hour first-time homebuyer education seminar and obtain a Certificate of Completion from a HUD approved facilitator. LACDA must receive a copy of the certificate before the close of escrow. - For a list of HUD approved facilitators, please click here.
- You may also visit HUD's web site at www.hud.gov.
Please contact one of the participating lenders to start the process of getting pre-qualified.
HOP Participating Lenders
Contact the following if you have further questions:
Am Vuong, CDBG Funding Supervisor Email: funding@cdbg.hlgroup.eu.org
Silvia Delgadillo, CDBG Supervisor Email: cdbg@hlgroup.eu.org