Home Ownership Program 120% AMI (HOP120)
Home Ownership Program 120% AMI (HOP120) is a deferred silent second with shared appreciation from Los Angeles County Development Authority (LACDA). Serves HOP, La Puente, South El Monte. For first-time buyers. Income limit: 120% of LA County AMI ($127,900 for 4-person).
Amount varies by program
Listed as open as of May 26, 2026
Serves HOP, La Puente, South El Monte.
| First-time buyer | Required |
|---|---|
| Income limit | 120% of LA County AMI ($127,900 for 4-person) |
| Homebuyer education | Required |
| Sales price cap | $850,000 |
| Shared appreciation | Yes |
| Amount notes | Up to $100,000 or 20% of price |
| Notes | Moderate-income workforce tier. |
| Phone | 626-586-1853 |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: Los Angeles County Development Authority (LACDA) · program details at the provider’s site.
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