Within this framework, LACAHSA has an opportunity to design a homeownership program that addresses both production-side and buyer-side barriers, combining multiple tools into a long-term, flexible capital deployment platform. The Agency anticipates making an initial allocation of $15 million to launch the proposed homeownership program, followed by approximately $10 million annually, subject to LACAHSA Board of Directors (“Board”) approval, annual budget adoption, revenue availability, and any applicable programmatic requirements. Assuming a program rollout in the fourth quarter of 2026, approximately $25 million would be available at launch, reflecting the initial allocation together with the first year of annual funding. This initial budget would provide the capitalization necessary to establish the Program, fund early awards, and develop administrative infrastructure. The anticipated annual allocation would allow the Agency to continue assisting households on an ongoing basis, refine program terms based on early implementation experience, and potentially recycle recaptured Measure A funds into future assistance.

LACAHSA invites its current and potential partners, and members of the general public, to review these documents and provide comments to help guide program design. Please submit questions and comments at Homeownership@LACAHSA.gov. All written comments should be submitted by 5:00 p.m. (Pacific) on Monday, August 17, 2026.