Homeownership Voucher Program Seeking Applicants

Homeownership assistance offers a new option for qualified newly admitted families and participants in the Section 8 tenant-based Housing Choice Voucher Program. The Homeownership Voucher will work very much like the Section 8 Rental Voucher where the housing authority assists the eligible client with their housing costs. However, instead of TMHA?s assistance payment going to a landlord, it will go directly to a lender to assist a client in paying on their own home mortgage.

Eligibility for the Homeownership Program is much the same as the Rental Assistance Program with some notable exceptions. What follows is the highlighted of participant eligibility for this program: