HANO Homeownership Program
Funding status: Active
How much assistance
Section 8 Housing Choice Voucher applied toward monthly mortgage and homeownership expenses (Deferred Loan)
Ongoing assistance through Housing Choice Voucher as long as the homeowner remains eligible.
Eligibility
- Income limits: At or below 80% of Area Median Income (AMI).
- First-time buyer required: Yes — First-time homebuyer. Must be a current HANO public housing or Housing Choice Voucher (Section 8) resident.
- Geographic restrictions: Must purchase within the New Orleans metropolitan area.
- Homebuyer education required: Yes
How to Apply for HANO Homeownership Program
Step 1: Must be a current HANO public housing or Section 8 participant. Contact HANO Homeownership Program for intake. Complete homebuyer preparation course. HANO provides technical and financial assistance through referrals.
Notes
Exclusively for current HANO public housing or Housing Choice Voucher (Section 8) residents. The voucher is applied toward monthly mortgage payments and utilities instead of rent.