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.
The program asks for
- 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.
- A home in Los Angeles County
It doesn’t cover
- Manufactured homes
- Purchases above the $800,000 price cap
- Households above 120% of area median income
- Homes outside Los Angeles County
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
Income limit
120% of Los Angeles County’s area median income
HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.
Where it applies
Los Angeles County’s homesLos Angeles County’s homes, and the ones this program accepts
- 47.3% single-familysingle-family
- 6.6% townhousetownhouse
- 8.5% 2–4 units2–4 units
- 36% 5+ unitscondo & apartment buildings (5+ units)
- 1.6% mobile & othermobile home & other
A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.
$834,200
Los Angeles County median home value
70.3%
built before 1980
U.S. Census Bureau, ACS 2024 5-year. More about buying in Los Angeles County
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program before funds are reserved.
Contact the administering agency to reserve funds
Funds are reserved through Contact provider directly; subject to funding availability, and are subject to availability.
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 homebuyer can take it to a lender or housing counselor.
Questions about this program
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 homebuyers 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 homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: Contact lender for current credit score requirements. A homebuyer education course is required. Residency requirement: 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.
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 homebuyers 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. Funds are reserved through Contact provider directly; subject to funding availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Also for Los Angeles County homebuyersOther programs open to Los Angeles County homebuyers
- Habitat LA Downpayment Assistance ProgramUp to $100,000
- Home Ownership Program (HOP120)Up to $100,000
- Los Angeles LIPA ProgramUp to $90,000
Whether two programs can be combined is up to each agency. Ask before you apply.
All 115 programs for Los Angeles CountyProgram terms are set by the administering agency and can change; confirm on the official site before you apply.