Montgomery Housing Authority Homeownership Program
Funding status: Active
How much assistance
Monthly mortgage assistance via Housing Choice Voucher for up to 15 years (Grant)
Voucher subsidy reduces mortgage costs for up to 15 years if the mortgage term is 20 years or more, or up to 10 years if the mortgage term is 15 years or less.
Eligibility
- Income limits: Must be a current Housing Choice Voucher (Section 8) participant
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Montgomery, Alabama area.
- Homebuyer education required: Yes
How to Apply for Montgomery Housing Authority Homeownership Program
Step 1: Contact the Montgomery Housing Authority at (334) 206-7200 to learn about the Homeownership Program. Must be a current MHA Housing Choice Voucher participant and employed full-time (at least 30 hours per week) for at least one year. Complete homebuyer education course.
Notes
This program is specifically for existing MHA Section 8 Housing Choice Voucher holders transitioning from renting to homeownership. Not open to the general public.