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Montgomery Housing Authority HCV Homeownership Program

Montgomery Housing Authority (MHA) · Montgomery, Alabama

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What is Montgomery Housing Authority HCV Homeownership Program?

Montgomery Housing Authority HCV Homeownership Program is down payment assistance for homebuyers in Montgomery, Alabama, administered by Montgomery Housing Authority (MHA).

  • The Montgomery Housing Authority HCV Homeownership Program guides eligible Housing Choice Voucher participants on a path to homeownership, providing monthly mortgage assistance for first-time home buyers. Participating families must meet HUD and MHA program requirements. MHA administers over 3,000 HCV vouchers across Autauga, Elmore, and Montgomery Counties, and Homeownership is one of its special-purpose voucher programs.
  • Monthly mortgage assistance for first-time home buyers.
  • Pathway from renting to homeownership.
  • Wealth-building through homeownership.
  • Available to current HCV participants.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from HUD Housing Choice Voucher (Section 8) special-purpose Homeownership voucher.

Do you have to pay it back?

Montgomery Housing Authority HCV Homeownership Program is down payment assistance and is repaid under the terms set by Montgomery Housing Authority (MHA).

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Montgomery Housing Authority HCV Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course, through HUD-approved housing counseling per HUD HCV homeownership requirements
  • Residency: Must be a current MHA Housing Choice Voucher participant; MHA administers HCV in Autauga, Elmore, and Montgomery Counties
  • DRAFT (dpa-gap-finder 2026-06-13): pending review. HUD Section 8 (HCV) homeownership program providing ongoing MONTHLY mortgage subsidy via the voucher, not a lump-sum cash grant (assistance_type other). Coverage spans Autauga, Elmore, and Montgomery Counties. The HCV/PBV rental waiting list is currently closed, but the Homeownership special-purpose voucher program is described as active. UNCONFIRMED (left blank, not guessed): min_credit_score, max_dti, income_limit_percent/amount, down-payment/contribution, max_purchase_price.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Montgomery Housing Authority HCV Homeownership Program sets its income limit as follows: Must be a current MHA Housing Choice Voucher program participant meeting HUD and MHA program requirements.

  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Montgomery Housing Authority HCV Homeownership Program can be used for Single Family.

Where does it apply?

Montgomery Housing Authority HCV Homeownership Program is a federal program, so it is not limited to Alabama.

How do you apply?

Applications for Montgomery Housing Authority HCV Homeownership Program go through Montgomery Housing Authority (MHA), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through HUD-approved housing counseling per HUD HCV homeownership requirements.

  2. Contact Montgomery Housing Authority (MHA) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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