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Homeownership Assistance Program
The Homeownership Assistance Program assists eligible participants with finding an appropriate mortgage lender and available down payment assistance programs. Some participants may also qualify to receive a HCV to offset their mortgage payment.
Public Housing and HCV Program participants that meet the eligibility criteria have the option of purchasing a home through the Homeownership Assistance Program.
Generally, participants who are eligible for the Homeownership Assistance Program must meet the following qualifications:
- Reside in San Bernardino County for at least 1 year before applying to the Homeownership Assistance Program.
- Participant must have at least 1-year participation in the Section 8 Housing Choice Voucher Program or Public Housing Program.
- Participant must be in good standing with the Housing Authority.
- No previous home ownership history within the past 3 years.
- At least one adult family member who will own the home must be currently employed full time for at least 2 years earning more than $10,300 a year (2000 hours at Federal minimum wage). This requirement does not apply to disabled or elderly (62 years or older) participants.
- Participants will be required to secure their own mortgage financing through a lender and therefore must be credit worthy. No outstanding collection accounts, judgments or liens. At least 2 years since the discharge of a bankruptcy.
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