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CHA Choose to Own (CTO) Homeownership Program

Administered by: Chicago Housing Authority · City · Silent Second Mortgage

Funding status: Active

How much assistance

Monthly Housing Assistance Payment (HAP) toward mortgage for up to 15 years (30 years for elderly/disabled) (Silent Second Mortgage)

Monthly mortgage subsidy continues as long as family remains eligible and complies with program rules.

Eligibility

  • Income limits: Must be a CHA Housing Choice Voucher holder or Public Housing resident for at least 1 year.
  • First-time buyer required: Yes — Has not owned a home in the past 3 years.
  • Geographic restrictions: Home must be located in the Chicago area and meet CHA inspection standards.
  • Homebuyer education required: Yes

How to Apply for CHA Choose to Own (CTO) Homeownership Program

Step 1: Contact CHA to confirm eligibility. Must have 1 year of good credit history. Working families need ,000 in savings; elderly/disabled need ,000. Complete pre- and post-purchase homebuyer education.

Notes

CHA DPA component closed as of October 2, 2025. Virtual info sessions ongoing in 2026.

Cities Where This Program Is Available