Jacksonville Housing Authority (JHA) Housing Choice Voucher (HCV) Homeownership Program
Special Alert
Program detail limited due to lack of online resources and/or contact with program provider. Please note: Program limited to eligible Housing Choice Voucher participants.
Maximum Purchase Price
Inquire for Details
Contact Info:
https://www.jaxha.org 1300 N Broad Street, Jacksonville, FL 32202 904-630-3810
Limitations
The families must be a Section 8 Rental Participant for minimum of 12 months and be in good standing. The families must participate in the Family Self-Sufficiency (FSS) Program for preparation of the homeownership. The Jacksonville Housing Authority (JHA) requires the participants to have no indebtedness to the JHA or any other Public Housing Authority (PHA) nor be in a current re-payment agreement with the JHA or a PHA. The families (non elderly/disabled) must be employed. Have earned/working income of $10,300 or more per year.
Credit Score Requirements
Based on 1st mortgage requirements.
Deferred Payments?
Accepted First Mortgage Type:
Freddie Mac, Freddie Mac HFA Advantage, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HFA Preferred, Fannie Mae HomeReady, FHA 203(b), VA, USDA / RD
Homeowners Education Class:
Required
Is Forgivable?
Location:
Jacksonville Property must be in Jacksonville, FL.
Income Limitations:
Yes, based on Compliance Income (including household income) Income limits from HUD 2022 80% AMI guidelines Annual income shall not exceed the Low Income Limits as set at eighty percent (80%) as established by HUD, published in the Federal Register, and is the income limit generally used to determine initial program eligibility.
Maximum Assistance
The Housing Authority will provide assistance payments based on the payment standard for the family’s voucher size allocation
Education Requirements Info:
http://www.jaxha.org/index.php
Eligible Property Types:
Single Family Detached Condo Townhome/PUD
Income By Household Size:
None
Qualifying Ratios:
Determined by first mortgage product or lender.
