Howard County Housing Commission Homeownership Assistance Program
- Homeownership Opportunity
- Howard County
Summary
The Homeownership Program is available to qualifying Howard County Housing Commission voucher recipients, enabling them to allocate their housing subsidy towards monthly mortgage payments following the purchase of a home. Homeowners would contribute 30% of their income towards their mortgage payments.
Eligibility Requirements
- The applicant(s) must be a current participant in good standing with the Housing Choice Voucher Program.The applicant(s) must attend the Voucher Homeownership Information session to gain the necessary knowledge for participating in the program.
- The applicant(s) must have a minimum credit score of 620.
- The applicant(s) must have a minimum annual income of $40,000 and must be working full-time (at least 30 hours per week) with continuous employment for at least one year.
- The applicant(s) must have savings of at least $2,500 (although a higher amount may be required).
- The applicant(s) must be a first-time homebuyer who has not owned a home during the last three years.
Contact Information
Housing Choice Voucher Program
Barbara Dowridge-Williams (FSS Coordinator)
Phone: 443-518-7820
Email: bwilliams@HouseHoward.org