Buy A Home With Your Section 8 Homeownership Voucher Region II

by Sylvia Black

Overview

The contents of this book are being provided for informational purposes only. It is not intended to provide legal advice and should not substitute for the advice of an experienced real estate attorney.
Also, the links and references to web sites and organizations are provided for informational purposes only. Affordable Homes and Apartments do not endorse any specific organization or web site and does not suggest that one source should be utilized to the exclusion of another and cannot guarantee approval.
Section 8 Homeownership. HUD's Section 8 housing vouchers are normally used to subsidize the rental housing expenses of eligible recipients. However, HUD offers a way for Section 8 voucher recipients to have their homeownership expenses subsidized when they qualify to purchase homes. If you wish to purchase your first home but need help meeting the monthly mortgage and other homeownership expenses, there a program that will help you it is called the Homeownership Voucher Program. Section 8 Housing Choice Voucher eligibility is based on income, not assets. So, it is possible to own a house or other real estate and still qualify for Section 8. However, income for the purposes of determining Section 8 eligibility must include the income you earn from these assets. Although this program is primarily designed for working families, elderly and disabled persons and families also qualify. Current participants include single and two-parent families, grandparents and single individuals. The minimum income requirements for participation include a stable monthly income such as wages from full-time employment, Social Security or other pension benefits. The minimum annual income eligibility also varies by county. The family must be a HCR Section 8 participant for at least one year, and be a first-time home owner, or single-parent displaced homemaker.

Product Details

ISBN-13:	9781078749053
Publisher:	Barnes & Noble Press
Publication date:	11/27/2019
Series:	Region II , #2
Pages:	288
Product dimensions:	6.00(w) x 9.00(h) x 0.65(d)

About the Author

I am Owner of Affordable Homes and Apartments. Originally from NYC now in WNY soon to be licensed in NJ and PA as well as NY. I’m also Licensed to preach and ordained as a minister. I possess my PhD in Sacred Biblical Studies.
I began my career as a 7A Administrator in NYC in the 80’s. N.Y.C.H.P.D. has since ceased the program. However, 7A Administrator is a Court Appointed Building Manager.
I took the class received my certificate and helped tenants turn their run-down buildings into a tenant owned low income co-op with the help of the City.
I wrote a book about it documenting my experience in “Tenants Rights vs. Slumlords, Win in Housing Court” Available online at Barnes and Noble, Amazon kindle and www. Lulu.com.
After becoming licensed as a sales-agent in the 80s, I continued to work as a Secretary until I became licensed as a Real Estate Broker in 1996.
I have since written Fundamentals of Housing and Community Strategies Vol II, and Fundamentals of Real Estate and Investment Strategies Vol I. These books document my experience and those that purchased the book began purchasing city owned property and turned those run-down buildings into investment property.
“Tenants Rights vs. Slumlords, Win in Housing Court” is a revised edition of Fundamentals of Housing and Community Strategies Vol II. Available on www.BooksGaloreAndMore.Com.
I have written several real estate books, religious books, poetry, plays and fiction. My youtube channels are affordablehomesandapartments, and sblack3001, highwaytoheavenchurch.
I have a public access TV show on Channel 1302 which aires Wednesday’s six thirty to seven pm and Saturday’s twelve thirty to one pm.