Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Homeownership Voucher Assistance
| Administering Agency/Entity |
Department of Housing and Urban Development |
| Short Description |
Allows recipients of Section 8 Housing Choice Vouchers to use their monthly subsidies to make payments on a mortgage. Assistance is available for 10 to 15 years, depending on the terms of the first mortgage. Program participants must be first-time homebuyers, have full-time employment, and make a minimum income. |
| Primary Purpose |
Assistance for buying, selling, or financing a home |
| Type of Housing Supported |
Homeownership |
| Type of Assistance |
Direct payment |
| Fiscal Year 2010 Obligations |
Included in obligations for Housing Choice Voucher Program, which were $15,160,991,261. |
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