Lakewood Housing Authority HCV Homeownership Program

Administered by: Lakewood Housing Authority · City · Grant

Funding status: Active

How much assistance

Housing Choice Voucher subsidy applied toward monthly mortgage payment instead of rent (Grant)

Ongoing monthly subsidy applied toward mortgage for as long as the participant remains eligible and in compliance with program requirements.

Eligibility

  • Income limits: Must be a current Housing Choice Voucher (Section 8) recipient through the Lakewood Housing Authority
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years as defined by HUD
  • Geographic restrictions: Must purchase a home within the Lakewood Housing Authority jurisdiction
  • Homebuyer education required: Yes

How to Apply for Lakewood Housing Authority HCV Homeownership Program

Step 1: Contact the Lakewood Housing Authority. Must be a current Section 8 voucher holder, complete homebuyer education, and meet employment and income requirements.

Visit program website

Notes

Converts rental voucher to homeownership voucher. Monthly subsidy applied toward mortgage. Limited slots available — contact the housing authority for current availability.

Cities Where This Program Is Available