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Seattle Housing Authority Homeownership Program

Administered by: Seattle Housing Authority · City · Repayable Loan

Funding status: Active

How much assistance

Monthly Housing Choice Voucher subsidy applied to mortgage payment (Repayable Loan)

Not applicable. Voucher subsidy helps pay the monthly mortgage; homeowner still repays the underlying mortgage.

Eligibility

  • Income limits: Current Housing Choice Voucher holder with minimum income typically $14,500 for non-disabled households
  • First-time buyer required: Yes — Borrower has not owned a primary residence in the past three years.
  • Geographic restrictions: Property must be within Seattle Housing Authority jurisdiction. Must be a current voucher holder in good standing.
  • Homebuyer education required: Yes

How to Apply for Seattle Housing Authority Homeownership Program

Step 1: Confirm you are a current Seattle Housing Authority Housing Choice Voucher holder in good standing.

Step 2: Attend a homeownership orientation at Seattle Housing Authority.

Step 3: Complete required homebuyer education.

Step 4: Get pre-approved for a mortgage with a lender willing to accept the HCV homeownership subsidy.

Step 5: Find and purchase a home within SHA jurisdiction with the voucher subsidy applied to your monthly payment.

Notes

Contact Seattle Housing Authority at (206) 239-1728. Slots are limited.

Cities Where This Program Is Available