PHA Opening Doors to Affordable Homeownership Program (ODAHP)

PHA Opening Doors to Affordable Homeownership Program (ODAHP) es una segunda hipoteca para compradores de vivienda en Philadelphia, Pennsylvania, a cargo de Philadelphia Housing Authority (PHA), Homeownership Department. The Opening Doors to Affordable Homeownership Program consolidates the Philadelphia Housing Authority's homeownership initiatives under its Homeownership Department: the Section 5h scattered sites program, the Housing Choice Voucher homeownership program, and newer financing options. Participants work with PHA's Homeownership Department to review their financial status, credit standing and household goals, and must complete approved homeownership counseling and financial literacy courses. Participants choose one form of financing support. A soft second mortgage of up to a maximum of $50,000 per household may be provided, provided that the household is not receiving other PHA homeownership assistance. In lieu of monthly voucher assistance, participants may instead take one-time down payment assistance up to a maximum of $15,000 per household. A lease to purchase option escrows a portion of the tenant rent during the lease period and applies it to the down payment at the time of purchase. Households may alternatively keep monthly Housing Assistance Payments for up to 15 or 30 years. PHA authorizes only the minimum amount needed to close the affordability gap based on individual household circumstances. Residents in PHA's homeownership pipeline are encouraged to enroll in the Turn the Key program, where PHA residents receive first preference for homeownership units built on land PHA transferred to the City Land Bank. Los fondos provienen de PHA Moving to Work funding.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) ofrece hasta $50,000 de ayuda. Los montos son los máximos publicados por el programa, no una oferta: Philadelphia Housing Authority (PHA), Homeownership Department determina cualquier ayuda individual.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) se perdona después de 20 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Default that is not cured during the 20-year recapture period; the amount PHA recoups decreases 5% annually over the term. La ayuda se registra con un gravamen en posición 2. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) está abierto a compradores de vivienda por primera vez. “Comprador de vivienda por primera vez” suele significar no haber sido dueño de una vivienda en los últimos tres años, pero el programa fija su propia definición. Se requiere un curso de educación para compradores de vivienda. Requisito de residencia: Open to Philadelphia Housing Authority public housing residents and Housing Choice Voucher program participants. Participants must meet all program eligibility requirements, including successful completion of approved homeownership counseling and financial literacy courses. The soft second mortgage option is available provided that the household is not receiving other PHA homeownership assistance. Participants receiving down payment assistance or a soft second mortgage are not recertified. PHA staff work to maximize household eligibility for other non-PHA down payment and closing cost assistance. If demand exceeds available budget, PHA establishes a wait list based on date and time of application. PHA ceased new enrollments in the Public Housing Section 5h scattered-sites program during FY 2026.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) atiende a compradores de vivienda que compran en Philadelphia, Pennsylvania.

Las solicitudes de PHA Opening Doors to Affordable Homeownership Program (ODAHP) se tramitan a través de Philadelphia Housing Authority (PHA), Homeownership Department, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.