Moderate Income Purchase Assistance (MIPA) Program Re-opens

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The Los Angeles Housing + Community Investment Department (HCIDLA) is pleased to announce that the City Council and Mayor have approved an additional allocation of $2 million for the Moderate Income Purchase Assistance (MIPA) Homeownership Program. 

The MIPA Program assists first-time, moderate-income homebuyers achieve the dream of homeownership by providing a subordinate “soft second” loan of up to $60,000 for down payment, closing costs, and acquisition financing. The MIPA program is available citywide and is utilized in conjunction with first mortgages and HCIDLA’s Mortgage Credit Certificate (MCC) Program, if eligible.

We invite you to look through the MIPA Program features, benefits, and eligibility requirements via the link below:

https://hcidla.lacity.org/help-moderate-income-first-home-buyers