Homeownership
GO FROM RENTING TO OWNING YOUR OWN HOME!
ELIGIBILITY
To be eligible, an individual or family must:
- Live in Montgomery County with HUD Housing Choice Voucher assistance.
- Be a first-time homebuyer, a displaced home owner, or not have owned a home during the last 3 years.
- Be employed full-time continuously for the last year (elderly & disabled do not have this employment requirement).
- Have a yearly household income of at least $14,500.
- Attend homeownership counseling before & after purchasing the home.
- Have the property inspected by an independent, professional building inspector selected and paid for by the family.
- Be able to obtain mortgage financing, and
- Meet other program guidelines.
The MCHA Homeownership Program is only available to those who have a housing choice voucher. For all others, the following resources may be helpful:
- Montgomery County Community Development First Time Homebuyers’ Program,
- Habitat For Humanity,
- Pennsylvania Housing Finance Agency,
- United States Department of Agriculture, and
- Affordable Housing Centers of Pennsylvania.
FOR MORE INFORMATION:
Contact: Sharon Allen, Social Service Administrator
- 610-275-5720, EXT 332
- sallen@montcoha.org
