Special offer

Antelope Valley Community Housing | LRA First Time Home Buyers Program

By
Real Estate Agent with HomeSmart NCG - The Diamond Executives Real Estate Group 01862396

LRA HOME is a special program created by Lancaster’s Redevelopment Agency (LRA). We turn foreclosed properties that could have blighted a neighborhood into attractive, affordable homes ready for new owner/occupants who want to help make their new neighborhood a great place to live. 



The neighborhoods these homes are located in have been targeted by LRA for special help. These more mature areas of the City may need a little TLC, but we have great plans for the future. With our help, area neighbors have banded together to create a vision of how things can be. These plans call for solid improvements that can help increase home values and provide a better quality of life for all.

Program Requirements

The LRAHome program is open to homebuyers who meet certain eligbility standards.

Briefly these include:
  • You must be the owner/occupant. 
    No investors or co-signers.
  • Have low or moderate income.
  • Qualify for a home loan and have at least 5% to put down plus closing costs.
  • Household assets after down payment and closing costs can't exceed certain "safety cushion" limits.
  • Agree to restrict future sale to other moderate income buyer or share any profits from sale with LRA.
  • Participate in a Homebuyer Education workshop.
If you’re interested in helping to make the City Of Lancaster better for your family as well as your neighbors and qualify under moderate income requirements then one of these homes may be the perfect choice for you. Because when you get right down to it, LRA Home is not really about our houses, it is all about our community.

For Information on available loans for the LRA Home Program or to schedule a private tour of available homes for sale, Call (661) 208-1855.

KATRINA ROTH, CDPE, REALTOR®
"Certified Short Sale, Foreclosure & Probate Estate Specialist"
Keller Williams VIP Properties
25124 Springfield Court, Suite 100
Valencia, CA 91355
Direct (661) 208-1855
Office (661) 290-3700
Fax (661) 291-1463
http://www.AntelopeValleyShortSaleSpecialist.com
KellerWilliamsVIP@gmail.com
DRE#01862396