Homeownership Assistance Program

The City loan amount will vary for each qualified applicant and will carry zero percent interest (0%) and no monthly payment and a share of the appreciation of the property. The loan (with shared appreciation) will become due and payable in the event of a default or death of the homebuyer, sale of the property, refinance of the property for cash-out, or when the homeowner no longer lives in the property. After thirty years of continued occupancy and ownership, 100% of the City loan will be forgiven (reduced to $0.00)

2022 Maximum Income Guidelines 

Household Size (No. of persons)

1

2

3

4

5

6

7

8

Max. Allowable Annual Income

$66,750

$76,250

$85,800

$95,300

$102,950

$110,550

$118,200

$125,800

Based on HUD’s FY 2022 Income Limits for Los Angeles County

For more detailed information and application click here.

Housing Division at (626) 569-2153
[email protected]

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