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Introducing the new GreenLine Home Program in partnership with the County of Los Angeles Department of Consumer and Business Affairs.  Please plan to attend an upcoming NHS HOPE Workshop to find out more information. 

GREEN LINE HOME PROGRAM

PURCHASE ASSISTANCE FOR HOMEBUYERS

PROGRAM HIGHLIGHTS AND QUALIFYING CRITERIA

  • $35,000 grant for down payment and/or closing cost assistance towards the purchase of a home
  • Applicant must have a mortgage loan pre-approval letter or a purchase agreement
  • Applicant must be a first-time homebuyer (have not owned or had interest in a property within the past 3 years)
  • Priority will be given low-to-moderate income BIPOC* County resident in “high-highest” ” census tracts
  • Property must be single family residence, condo, or townhouse
  • Buyer must occupy the home for 3 years after closing date
  • A two (2) year lien will be attached to the property in the amount of the grant
  • Must use conventional financing products
  • Applicant must complete 8-hour HUD approved homebuyer education class
  • Completed intake and supporting documentation must be submitted for review and verification
*BIPOC – Black, Indigenous, People of Color

MAXIMUM PRICE LIMITS – Single family home, condominium – $750,000

HOUSEHOLD INCOME LIMITS

HouseholdIncome Limit
1$105,900
2$121,050
3$136,200
4$151,300
5$163,450
6$175,550
7$187,650

For more information: www.nhslacounty.org or [email protected]  or (213)381-2862

Overview

NHS provides direct lending to support inclusive, economic development in underserved communities. This practice enables us to create homeownership opportunities, improve housing conditions, prevent foreclosure, and help low-to-moderate income families secure a mortgage they can afford. Families interested in purchasing their home can work with an NHS Lending Counselor to find the right affordable loan. Families who complete the FasTrak Homebuyer Education Class can receive guidance in applying for downpayment assistance. NHS Lending Counselor’s can access special programs at the local, state and federal level which provide loans to qualified families to help them purchase a home. These funds can be applied toward your closing costs or to your downpayment to lower your monthly payments and make them more affordable.

Contact Us About the Greenline Program

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In celebration of National Homeownership Month make a contribution to support NHS and the benefits that homeownership brings to families, neighborhoods, and communities across Southern California.