Families who have been determined eligible for voucher assistance have the option—if they meet certain additional criteria—to look for a home to buy, rather than lease. Participating families have the primary responsibility for finding eligible homes to purchase, and for getting financing for their homes.
The potential homebuyer is provided with assistance to repay their mortgage loan for a maximum period of 15 years. There is no term limitation in providing assistance for disabled or elderly families that are eligible for and participate in the Program.
Workshops, seminars, and mentoring increase financial literacy and assist participants become self-sufficient. It has been successful in helping families break the generational cycle of poverty.