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. Designed to meet the needs of low-income families, HOP provides loans of up to 20% of the purchase price for down payment and closing costs assistance not to exceed $75,000. Each loan is a second Trust Deed loan provided 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 to first-time homebuyers in the unincorporated areas of Los Angeles County and cities participating in the Community Development Block Grant (CDBG) Urban County Program.
Home Ownership Program (HOP) applications will be accepted from HOP approved participating lenders on:
12 applications on July 10, 2019
12 applications on September 11, 2019
10 applications on November 6, 2019
10 applications on January 8, 2020
10 applications on March 4, 2020
If you are first-time homebuyer and are interested in applying for the program, contact a HOP participating lender to get pre-qualified. Only a HOP participating lender can submit a HOP application on your behalf. HOP applications will be accepted on a first-come, first-served basis.
To become a participating lender, you must receive HOP training from the LACDA. Please click here to register for the next training.
All applicants must complete an 8-hour homebuyer education seminar from an approved HUD counseling agency.
L.A. County Median Income Guidelines - Effective June 28, 2019
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, HOP Underwriter
Silvia Delgadillo, Program Supervisor
To view PDF files located on this site
Program access, facility access, and publications may be provided in an alternative means and formats upon request.
Los Angeles County Development Authority
700 West Main Street, Alhambra, CA 91801 Telephone: (626) 262-4511 TDD: (626) 943-3898
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