LA HomeownershIp Program (HOP)


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.