Homeownership Opportunities

Goal

The goal of the City and the Tustin Housing Authority is to develop, conserve and maintain the City’s housing supply. This includes including the provision and maintenance of affordable housing. At the current time, the City of Tustin has restrictions on over 279 affordable ownership units which, from time to time, become available for sale. 

The City does not maintain a waiting list for those interested in purchasing resale affordable units; therefore, it is the responsibility of the current owner to locate a qualified buyer.

Apartment Complex in Tustin

Affordable Units For Resale

Affordable units currently listed for sale by their owners are available on the resale list.

BuyerS

Buyers can download this fact sheet (PDF) on the City’s affordable housing programs for additional information.

Interested buyers can use this Applicant Preliminary Qualification Checklist to assist in determining whether or not your household might qualify. 

Lenders

Lenders can download this fact sheet (PDF) on the City’s affordable housing programs for additional information.

First Time Homebuyer Program

At this time, the City of Tustin does not offer the First Time Homebuyer Program.

Subordination Requirements

Participants in the City’s affordable housing programs are allowed to refinance their first mortgage as long as certain requirements are met. A processing fee of $280 is due at the close of escrow. Download information on refinancing requirements (PDF) to learn more. A Release of First Lien Information Form (PDF) is to be included in the preliminary approval package outlined under the terms for refinancing.