Types of properties eligible for homeownership program are new construction, pre-owned and manufactured homes; NO FORECLOSURES allowed that do not meet HQS/MHS inspection requirements.
The head of household must be a current Housing Choice Voucher program participant.
Must be employed on a full-time basis (defined to mean not less than an average of 30 hours per week), and continuously employed for at least one year and the annual income of at least one household member must be equal to or greater than the federal minimum hourly wage multiplied by 2000 hours (except for elderly/disabled households).
The elderly (defined as 62 years of age or older) and disabled are exempt from the employment requirements. Elderly /disabled annual income must be equal to the minimum monthly Federal Social Security or Supplemental Security Income multiplied by 12.
Foundation must be laid prior to execution of the contract. No custom built homes. rk