New path to homeownership


Introducing an innovative lease with a right to purchase program

(404) 942-9897

about the program

About the Program

The Lease with a Right to Purchase Program allows you to find a home that you want to rent from us initially, but may also like to buy in the next three to five years. We believe that there are many households who may be thinking about buying a home, but for whatever reason would like to rent at the current time. You can lease the home for three to five one-year terms, depending on the state, and you may purchase the home from us at any time at a predetermined amount.


Let Bion Grady and HPA expand your home rental options and put you on a new path to homeownership. If now isn’t the right time to buy a home, but you’d like more attractive options than what’s currently available in the rental market, HPA's Lease with a Right to Purchase program could be a great alternative.

It’s an innovative program that:

  • Lets you search homes for sale, in great communities with quality schools
  • Limits your financial commitment to a one-year lease
  • Gives you the option to buy the home at any point during your residency, up to five years*

Working together, we can find you the right home and put you on the path to becoming a homeowner. It’s a great 

option if you:

  • Are a first-time buyer who’s cautious about purchasing a home now, but wants to in the future
  • Are in the process of relocating, but aren’t sure about where to settle down
  • Can’t obtain a mortgage right now, but are a responsible renter with steady income


  1. Apply for the program at
  2. Pay a$75 application fee per family.
  3. If you qualify, you’ll work with a Bion Grady to find the home you want, choosing from all of the homes for sale in highly desirable, program-approved neighborhoods.
  4. HPA makes an offer and, if accepted, purchases the property as part of a quick closing cash transaction.
  5. HPA rents the property to you as part of a one-year lease agreement, limiting your financial commitment.
  6. You have the option to extend your residency each year for up to five years*, never signing more than a one-year lease agreement.
  7. You retain the right to purchase the property at any time during your residency.


HPA provides responsible households with a clear and transparent path to homeownership through its Lease Purchase Program.

As with a standard lease agreement, HPA requires you to sign a lease for a year and make a security deposit. Unlike a standard lease agreement, you will have renewal options providing up to five years* of rent certainty and the right to purchase the home at a price established when you enter the Right to Purchase Agreement, in accordance with the terms of the Agreement.

 Basic Requirements to Qualify:

*Annual household income of $50000+
*Stable Employment
*No History of Evictions or any other landlord issues
*No recent history of continual late payments
*No pending bankruptcies. (One day of bankruptcy is ok)
*Credit Score of 550 or above
*No disqualifying criminal history(felonies/violent crimes)
*Up to 3 pets accepted with pet deposit

 Apply for the program at  


Pre-Qualify Now