Section 8 Home Ownership Program

Section 8 Home Ownership Program은(는) Yuma, Arizona 주택 구매자를 위한 보조금입니다. HUD Housing Choice Voucher Homeownership Option administered locally by the Housing Authority of the City of Yuma (HACY). Rather than a closing-table grant, the program converts a family's monthly Section 8 rental subsidy into a monthly homeownership assistance payment that helps cover the family's mortgage and housing costs. Operated in conjunction with HACY's Family Self-Sufficiency (FSS) program; FSS escrow earned during the rental period is typically used as the down payment, often leveraged by partner programs (WISH/IDEA) at $4-to-$1 match up to $22,000. HACY received the HUD Phoenix Field Office's MVP Award in 2008 and 2013 for this program. Existing HACY Housing Choice Voucher (Section 8) holders may use their monthly voucher subsidy toward homeownership expenses (mortgage principal, interest, taxes, insurance, utilities, HOA, and maintenance allowance) instead of rent. Subsidy continues monthly for up to 10 years (15 years if first mortgage term is 20+ years). Elderly or disabled families have no maximum term. The Family Self-Sufficiency (FSS) escrow plus partner programs (WISH/IDEA) can provide matched down-payment funds — up to $4 in match for every $1 of FSS escrow, capped at $22,000. 재원은 HUD Housing Choice Voucher (Section 8) Annual Contributions Contract (ACC) funding에서 나옵니다.

Section 8 Home Ownership Program은(는) 보조금 형태이므로 상환하지 않습니다. 상환 사유: Not applicable — this is a monthly subsidy, not a repayable loan. Subsidy ends if family violates program rules, sells the home, ceases owner-occupancy, exceeds income limits, or reaches the maximum term (10 or 15 years 및 no limit for elderly/disabled). 탕감 및 상환 조건은 프로그램이 정하며 바뀔 수 있습니다 — 신청 전에 공식 프로그램 페이지에서 확인하세요.

Section 8 Home Ownership Program의 대상: 생애 첫 주택 구매자 및 주택을 주 거주지로 사용할 주택 구매자. 여기서 "생애 첫"에는 예외가 있습니다: Displaced homemakers, single parents, cooperative members, and disabled families are exempt from the three-year first-time-buyer rule. 신용에 대해 프로그램은 다음과 같이 명시합니다: Set by first-mortgage lender; HACY has no separate program credit-score minimum. 주택 구매자 교육 이수가 필요하며, WACOG (Western Arizona Council of Governments); HACY FSS Homeownership Coordinator; HUD-approved counseling agencies을(를) 통해 받습니다. 거주 요건: Family must be a current HACY Section 8 Housing Choice Voucher participant; home must be located in HACY's jurisdiction (City of Yuma) or in an area where the family ports the voucher with receiving-PHA agreement. 시민권 또는 이민 신분: U.S. citizen or eligible non-citizen with qualifying immigration status (HUD requirement). Must be a current HACY Housing Choice Voucher (Section 8) participant in good standing. Must have completed initial Section 8 lease term (one year continuous tenancy). Must be a first-time homebuyer (no ownership in the past three years), with exceptions for displaced homemakers, single parents, cooperative members, and disabled families. Head of household, spouse, or other adult owner must meet minimum annual income equal to local minimum wage x 30 hours/week x 52 weeks (welfare assistance not counted toward minimum income, except for disabled/elderly heads). Disabled-family minimum income is the monthly Federal SSI benefit x 12. Must be continuously employed at least 30 hours/week for at least one year prior to homeownership commencement (employment requirement waived for elderly/disabled families). Mandatory pre-purchase homeownership counseling. Home must pass an independent professional inspection and HUD HQS inspection. Family must obtain a fixed-rate or HUD-approved ARM first mortgage. Maximum homeownership assistance term: 10 years (15 years if first mortgage term is 20+ years); no time limit for elderly or disabled families. Program limited to 5% of HACY's authorized Section 8 voucher units, excluding elderly/disabled families.

Section 8 Home Ownership Program은(는) 가구 소득을 지역 중위 소득의 50%로 제한하며, 이 금액은 카운티와 가구 규모에 따라 다릅니다. Family must already be an admitted Housing Choice Voucher participant (initial admission requires income at or below 50% AMI; up to 80% AMI for current participants). Minimum income: local Yuma minimum wage x 30 hours x 52 weeks (welfare income excluded except for elderly/disabled). 한도는 차입자 본인의 소득만이 아니라 가구 전체 소득에 적용됩니다. 지역 중위 소득 수치는 HUD가 발표하고 매년 갱신하므로, 수치를 믿고 판단하기 전에 해당 카운티의 최신 표를 확인하세요.

Section 8 Home Ownership Program의 구매 가격 상한은 다음과 같습니다: No program purchase-price cap, but the home must be supported by the voucher subsidy and pass HQS plus an independent inspection. Family must demonstrate ability to afford ongoing housing costs. 대상 주택 유형: Single-family detached, condo, townhome, cooperative, and manufactured home on owned land — all subject to HQS and independent inspection. 신축 주택도 대상입니다. 조립식 주택도 대상입니다.

Section 8 Home Ownership Program은(는) Yuma, Arizona에서 주택을 구매하는 주택 구매자를 지원합니다.

Section 8 Home Ownership Program 신청은 운영 기관을(를) 통해 진행되며, 해당 기관이 자체 사이트에 최신 조건과 신청 절차를 게시합니다. 자금 예약: Application through HACY FSS / Homeownership Coordinator; limited to current voucher holders meeting eligibility criteria. Hey Prescott는 대출 기관이 아니며 신청서를 받지 않습니다. 이 페이지는 주택 구매자가 대출 기관이나 주택 상담사에게 가져갈 수 있도록 프로그램을 설명합니다.