PHA Opening Doors to Affordable Homeownership Program (ODAHP)

PHA Opening Doors to Affordable Homeownership Program (ODAHP) est un second prêt hypothécaire pour les futurs propriétaires de Philadelphia, Pennsylvania, sous la gestion 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. Le financement provient de PHA Moving to Work funding.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) offre jusqu’à $50,000 d’aide. Les montants sont les plafonds publiés par le programme, et non une offre — Philadelphia Housing Authority (PHA), Homeownership Department décide de chaque aide individuelle.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) est annulé après 20 ans : un futur propriétaire qui reste aussi longtemps n’a rien à rembourser. Le remboursement est déclenché par Default that is not cured during the 20-year recapture period; the amount PHA recoups decreases 5% annually over the term. L’aide est inscrite au rang suivant : 2. Les conditions d’annulation et de remboursement sont fixées par le programme et peuvent changer — vérifiez-les sur la page officielle du programme avant de déposer une demande.

PHA Opening Doors to Affordable Homeownership Program (ODAHP) est ouvert à les primo-accédants. « Primo-accédant » signifie généralement ne pas avoir été propriétaire d’un logement au cours des trois dernières années, mais le programme fixe sa propre définition. Un cours pour futurs propriétaires est obligatoire. Condition de résidence : 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) s’adresse aux futurs propriétaires qui achètent à Philadelphia, Pennsylvania.

Les demandes pour PHA Opening Doors to Affordable Homeownership Program (ODAHP) passent par Philadelphia Housing Authority (PHA), Homeownership Department, qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Hey Prescott n’est pas un prêteur et n’accepte pas de demandes ; cette page décrit le programme pour qu’un futur propriétaire puisse en parler à un prêteur ou à un conseiller en logement.