SECTION 8 HOMEBUYER PROGRAM
Did you know you may have
the opportunity to use your Section 8 Housing Choice rental voucher toward the
purchase of your own home? It’s
true! Families who qualify for the program
according to HUD guidelines may be eligible to use the housing assistance
payment through Section 8 toward a mortgage payment instead of for rent. If your total annual income as reported to
your Section 8 caseworker is at or above the HUD requirement for homeownership
(minimum wage times 2000 hours), you may wish to contact your Section 8
caseworker for additional information.
SECTION
8 VOUCHER HOMEBUYER PROGRAM REQUIREMENTS
Families wishing to use
their Section 8 voucher for Homeownership must meet the following:
1. Must have completed one year on the
Muskogee Section 8 rental program and be in good standing;
2. Must be current with all rent and
utility payments
3. Must be a first-time homebuyer;
4. Must complete the credit screening
process;
5. Must have at least one family member
employed according to the program policy;
6. Must have completed a certified
Homebuyer Education course;
7. Must comply with all Homeownership
program requirements.
Do
you wish to own your own home? If so, we
are offering the Homebuyer Educations courses to you free
of charge. Please contact
our housing counselor at (918) 687-6301 ext. 228 so we can send you details
about the class.