The Housing Choice Voucher (HCV) Homeownership Program is offered to all eligible Huntsville Housing Authority Family Self-Sufficiency (FSS) Program Participants. HCV allows first-time homeowners to use their rental subsidy to meet their monthly homeownership expenses (i.e., mortgage payments, utilities, maintenance, and upkeep). Clients who wish to join the program must apply and meet the eligibility requirements. Once the applicant has been deemed eligible to participate, he or she will be required to enter into a homeownership education course and a financial literacy course in order to prepare for homeownership. In addition, participants will be required to secure their own mortgage financing through a lender.
For more information, please contact Audrey Lewis, Family Self-Sufficiency Coordinator, at (256) 532-5641 or alewis@huntsvillehousing.org. |