Substance Abuse & Mental Health Services Administration

CMHS Consumer Affairs E-News
July 26, 2006, Vol. 06-83

HUD Report on Voucher Homeownership Program

The U.S. Department of Housing and Urban Development (HUD)'s Office of Policy Development and Research, recently released a report entitled, The Voucher Homeownership Study, that provides a national snapshot of the Housing Choice Voucher Homeownership program.

This program provides a homeownership option that allows public housing authorities (PHAs) to provide voucher assistance to low-income, first-time home buyers.

The vouchers can be used for monthly homeownership expenses, rather than for monthly rental payments. Since the first voucher homeownership programs began in 1999, the number of public housing agencies implementing the program has grown exponentially - from 12 pilot sites to over 450 today.

To view the report, see:
http://www.huduser.org/publications/homeown/voucherhomeown.html
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The Center for Mental Health Services is a component of the Substance Abuse and Mental Health Services Administration, United States Department of Health and Human Services.