Section 8 Home Ownership Program

Section 8 Home Ownership Program是面向Yuma，Arizona购房者的补助金。 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. 资金来自HUD Housing Choice Voucher (Section 8) Annual Contributions Contract (ACC) funding。

Section 8 Home Ownership Program属于补助金，因此无需偿还。 触发还款的情形：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和no limit for elderly/disabled). 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

Section 8 Home Ownership Program面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：Displaced homemakers, single parents, cooperative members, and disabled families are exempt from the three-year first-time-buyer rule. 关于信用，该项目说明：Set by first-mortgage lender; HACY has no separate program credit-score minimum. 须参加购房者教育课程，由WACOG (Western Arizona Council of Governments); HACY FSS Homeownership Coordinator; HUD-approved counseling agencies提供。 居住要求：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. 公民身份或移民身份：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 Program将家庭收入限制在地区收入中位数的50%，该数值因县和家庭人数而异。 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). 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

Section 8 Home Ownership Program的房价上限如下：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. 符合条件的房屋类型包括Single-family detached, condo, townhome, cooperative, and manufactured home on owned land — all subject to HQS and independent inspection。 新建房屋符合条件。 预制房屋符合条件。

Section 8 Home Ownership Program服务于在Yuma，Arizona购房的购房者。

Section 8 Home Ownership Program的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Application through HACY FSS / Homeownership Coordinator; limited to current voucher holders meeting eligibility criteria.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。