
Section 8 Homeownership Program
***Make Homeownership Possible for you!***
If you are a Section 8 voucher holder, you may be eligible for the Section 8 Homeownership Program. The Rental Assistance Voucher can be used toward a monthly mortgage payment. Interest rates are still relatively low and now is the time to make the dream on Homeownership come true!!
To qualify initially, you must meet the following criteria:
- You must be a current Section 8 Housing Choice Voucher recipient or a current Public Housing tenant, in good standing.
- You must have a minimum annual household income. Welfare income cannot be counted toward meeting that minimum, with the exception of elderly and disabled families.
- At least one adult household member must be employed full time (at least 30 hours per week) and must have continuous employment of 12 months or more, with the exception of elderly or disabled families.
- You must be a "first time home buyer."
You must be mortgage ready or be willing to work with a credit and budget counselor to become mortgage ready.
If you would like to pursue homeownership using the Section 8 Homeownership Assistance Program, and you meet the initial qualifying criteria, the first thing you need to do is contact the SEMMCHRA office and ask to speak to Ann Lisowski, the Program Coordinator. The coordinator will answer all of your questions and refer you to a program briefing.
Call or write to:
SEMMCHRA
134 E 2nd Street
Wabasha, MN 55981
651-565-2638 ext. 216 (phone)
651-565-3836 (fax)
fsshra@wabasha.net (email)