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Lake Metropolitan Housing Authority HCV Homeownership Program

Administered by:
Lake Metropolitan Housing Authority
· County · Grant
Funding status: Active

How much assistance

Monthly mortgage payment subsidy for Housing Choice Voucher participants
Ongoing monthly assistance while meeting program requirements.

Eligibility

  • Income limits: Must be current HCV participant for at least 1 year in good standing
  • First-time buyer required: No
  • Geographic restrictions: Must purchase within Lake County.
  • Homebuyer education required: Yes

How to Apply for Lake Metropolitan Housing Authority HCV Homeownership Program

Step 1: You must be a current Housing Choice Voucher participant with Lake Metropolitan Housing Authority for at least 1 year in good standing.

Step 2: Contact the homeownership coordinator at (440) 354-3347 ext. 26.

Step 3: Complete required Financial Fitness and Homebuyer Education courses.

Step 4: Save for a minimum 3% down payment (at least 1% from your own resources).

Step 5: Find a home within Lake County that passes Housing Standards inspection.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)