Philadelphia Housing Authority (PHA)
Up to $0 toward a down payment in PA.
The Philadelphia Housing Authority's Housing Choice Homeownership Program lets voucher participants apply their Housing Choice voucher toward a monthly mortgage payment instead of rent. Participants may use their Housing Choice vouchers to make monthly mortgage payments for a maximum term of 15 years on a mortgage loan of 20 years or more. Mortgage loans for less than 20 years may be subsidized for a maximum term of 10 years. The maximum term limit does not apply to elderly (being 62 or older) or disabled families.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on the Philadelphia Housing Authority's Housing Choice Homeownership Program: how a voucher can go toward a mortgage instead of rent, how long that help lasts, the one-time alternative, who can apply and how to start. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.