HOMEOWNERSHIP

    GO FROM RENTING TO OWNING YOUR OWN HOME!

MCHA OFFERS 2 HOMEOWNERSHIP PROGRAMS
 

HCVP HOMEOWNERSHIP OPTION

ELIGIBILITY

To be eligible, an individual or family must:

  • live in Montgomery County with HUD Housing Choice Voucher assistance
     

  • be a first-time homebuyer, a displaced home owner, or not have owned a home during the last 3 years
     

  • be employed full-time continuously for the last year (elderly & disabled do not have this employment requirement)
     

  • have a yearly household income of at least $14,300
     

  • attend homeownership counseling before & after purchasing the home
     

  • have the property inspected by an independent, professional building inspector selected and paid for by the family
     

  • be able to obtain mortgage financing and
     

  • meet other program guidelines
     

 

5 (h) HOMEOWNERSHIP PROGRAM

With the MCHA 5 (h) Homeownership Program, low-moderate income families can buy one of our homes in Montgomery County.

                                      
                                                                     
                                                                     612 E. Moore Street, Norristown

    
                                                              ELIGIBILITY

To be eligible, an individual or family must:

  • not have owned a home within the past five (5) years
     

  • be able to obtain mortgage financing
     

  • be able to pass credit screening
     

  • meet HUD Family income guidelines
     

 

FOR MORE INFORMATION:

CALL NATALIE, HOMEOWNERSHIP PROGRAM ADMINISTRATOR AT

610-275-5720, EXT 329
or
610-935-1935, EXT 329
or
nrogers@montcoha.org