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Section 8 Housing Opportunities

RRHA offers homeownership opportunities through the HUD approved Section 8 Homeownership Program. This program allows families who are currently receiving housing assistance under the Section 8 program to convert that assistance into a one-time down payment or monthly payments to assist with a mortgage that will allow them to purchase a home.

 

Section 8 Housing Program

 

The Section 8 Homeownership Program allows a family to purchase a home for approximately the same amount of rent that is currently being paid to a landlord. Once a mortgage company approves a borrower's application, the Section 8 voucher payment is applied to the mortgage payment rather than a rent payment.

 

Section 8 Housing Program Qualifications

 

  • Be a current holder of a Section 8 Voucher
  • Have an income of $18,000.00
  • Have steady full time employment for no less than 12 months
  • Be a first time homebuyer
  • Be in compliance with the current lease (not owing landlord any money, no tenant violations)
  • Have 1% down payment saved and in the bank
  • Not have high existing debt which would prevent obtaining a mortgage
  • Elderly and disabled have separate requirements

 

 

If you are interested in applying for RRHA's Section 8 Homeownership Program and think you meet the income requirements, complete the downloadable application and email it to This email address is being protected from spambots. You need JavaScript enabled to view it. or mail it to:

This email address is being protected from spambots. You need JavaScript enabled to view it.
Roanoke Redevelopment and Housing Authority
Attn: Section 8 Homeownership Program
2624 Salem Turnpike, NW
Roanoke VA 24017