The Los Angeles County Development Authority (LACDA) has launched the First Time Home Ownership Program targeted at moderate-income households earning up to 120% AMI (HOP120)
The Los Angeles County Development Authority (LACDA) has launched the First Time Home Ownership Program targeted at moderate-income households earning up to 120% AMI (HOP120). HOP120 provides a second mortgage loan for first-time homebuyers with assistance up to $85,000, or 20% of the purchase price, whichever is less. Eligible properties are single-family homes, townhomes, and…
