Section 8 HCV Homeownership

Section 8 Housing Choice Voucher (HCV) Homeownership is a subsidy program under which a voucher is used to help purchase a home for current AAHC HCV participants in Washtenaw and Monroe counties. The participant is free to choose any housing that meets the requirements of the program.

A family that is issued a homeownership voucher is responsible for locating a lender for mortgage approval and finding a suitable home of the family's choice. Homes must meet minimum standards of health and safety, as determined by the AAHC.

A housing subsidy is paid by the AAHC on behalf of the participating family. The family then pays the difference between the actual monthly mortgage including any other homeowner expense and the amount subsidized by the program.

Eligibility:  To be eligible, participants must be a current AAHC Voucher holder and must meet the income and employment guidelines, based on family size.  The household member must meet screening criteria for program approval.

Please Note:  Current Voucher families must be pre-approved by AAHC for the Homeownership Vocher program prior to purchasing a home.