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LA County LACDA Home Ownership Program (HOP)

Los Angeles County, California

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See what you qualify forOfficial program site →
Assistance

20%

Of the purchase price, as the program sets it

Income limit

120% AMI

Of area median income; varies by county and household size

Price cap

$800,000

Highest purchase price the program allows

Repayment

Shared appreciation

Settled on the terms set by the administering agency

What is LA County LACDA Home Ownership Program (HOP)?

LA County LACDA Home Ownership Program (HOP) is a shared-appreciation loan for homebuyers in Los Angeles County, California.

  • Up to 20% of purchase price (max $85,000) as deferred 0% interest second mortgage with shared equity. Covers down payment and closing costs for low/moderate-income first-time buyers in unincorporated LA County and participating cities. LACDA shares in appreciation at sale/transfer. Requires 8-hr homebuyer education.
  • Up to $85,000 in assistance.
  • shared equity with provider at resale.
  • Funding comes from Federal HOME / CDBG.

How much assistance does it provide?

LA County LACDA Home Ownership Program (HOP) provides assistance worth 20% of the purchase price, as set by the program.

  • The program asks buyers to contribute 1% of purchase price (borrower minimum).
  • Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

LA County LACDA Home Ownership Program (HOP) is a shared-appreciation loan and is repaid under the terms set by the administering agency.

  • Repayment is triggered by Sale, transfer of title, or non-owner-occupancy.
  • The assistance is recorded in Second position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

LA County LACDA Home Ownership Program (HOP) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • On credit: Contact lender for current credit score requirements
  • A completed homebuyer education course
  • Residency: Property in unincorporated LA County or participating cities
  • Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen
  • Must purchase in LA County unincorporated area or participating city (excluding City of LA). 30-year deferred silent second. Income at or below 80% AMI.

The program excludes

  • Manufactured homes
  • Purchases above the $800,000 price cap
  • Households above 120% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

LA County LACDA Home Ownership Program (HOP) limits household income to 120% of the area median income, which varies by county and household size.

  • Low income: household income ≤80% of Area Median Income (AMI).
  • The limit applies to total household income, not only the borrower’s.
  • The program lists a maximum household size of 8.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

LA County LACDA Home Ownership Program (HOP) caps the purchase price at $800,000.

  • Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD.
  • New construction is eligible.
  • Manufactured homes are not eligible.

Where does it apply?

LA County LACDA Home Ownership Program (HOP) serves buyers purchasing in Los Angeles County, California.

How do you apply?

Applications for LA County LACDA Home Ownership Program (HOP) go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

    Funds are reserved through Contact provider directly; subject to funding availability, and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

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LA County LACDA Home Ownership Program (HOP), explained

A short, free course on LA County LACDA Home Ownership Program (HOP): what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from June 2026. About ten minutes.

5 modules · About 10 minutes

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