Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Section 8 Housing Choice Voucher Homeownership Program?

April 26, 2017homeownership HOUSING program section voucher

0

Posted

What is the Section 8 Housing Choice Voucher Homeownership Program?

1 Answer

0

Posted

It is a HUD-funded program wherein an eligible family receives assistance from the Housing Authority towards the purchase of a home. Before the implementation of the Homeownership program, an assisted family used its voucher housing assistance towards renting a unit; now the family can use its voucher assistance towards paying a mortgage when purchasing a home.