Section 8 to Homeownership
Many very-low income households use a Section 8 voucher to obtain affordable rental housing. What you may not know is that those vouchers can be used for a mortgage payment as well.
Through either the Johnson City Housing Authority or the Kingsport Housing and Redevelopment Authority, Eastern Eight helps you buy a home suing your Section 8 voucher.
Make your dreams a reality.
The following qualifications apply:
- Section 8 for at least one (1) year
- Enrolled in the Family Self Sufficiency (FSS) program
- Earned income of $14,500 annually or receive SSI Disability or Social Security
- Employed full time (30 hours per week) for one (1) year at present job with a two (2) year work history
- At least two (2) years from bankruptcy discharge date
- Must be first time homebuyer
- No ownership in a principal residence in the past three (3) years
- Family is not eligible if:
- A) Any family member has previously received homeownership assistance and defaulted on a mortgage
- B) Any family member is not in good standing with KHRA
What are you waiting for?
Stop renting and start owning with JCHA or KHRA today.
