NACA Homeownership through Public Housing Assistance (HOT-PHA)

NACA Homeownership through Public Housing Assistance (HOT-PHA) is a grant for homebuyers in Statewide, California. PHA Voucher payment + NACA Best in America Mortgage. No down, no closing costs, no PMI, below-market fixed rate. Voucher amount fluctuates with income changes, eliminating risk. Section 8 Housing Choice Voucher (HCV) recipients combine voucher with NACA's no-down-payment, no-PMI, below-market-rate mortgage. Voucher payment goes directly to lender. Borrower can become debt-free in 20 years or less. This is a nationwide program, so it is available beyond a single state or city. Funding comes from HUD Housing Choice Voucher Program + NACA.

NACA Homeownership through Public Housing Assistance (HOT-PHA) is structured as a grant, so it is not repaid. Repayment is triggered by per first mortgage terms. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

NACA Homeownership through Public Housing Assistance (HOT-PHA) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Required - NACA homebuyer workshop. Sourced via Homebuyer Wallet (NT20250012). Restricted to Section 8 / Housing Choice Voucher (HCV) holders whose Public Housing Authority offers HCV homeownership. Member must complete NACA Workshop.

NACA Homeownership through Public Housing Assistance (HOT-PHA) sets its income limit as follows: HCV income criteria (PHA-set, very-low-income focus). 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.

NACA Homeownership through Public Housing Assistance (HOT-PHA) can be used for Single-family, Condo, Townhouse, 2-4 unit owner-occupied.

NACA Homeownership through Public Housing Assistance (HOT-PHA) is a nationwide program, so it is not limited to one state.

Applications for NACA Homeownership through Public Housing Assistance (HOT-PHA) go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.