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FSS/Homeownership

 

Family Self-Sufficiency
FSS empowers individuals to take control of their lives so they may become independent, productive members of their community. They provide comprehensive case management, counseling, educational and employment planning, to help income eligible clients to reach their personal and professional goals.


Homeownership – DuPage Program Closed
The idea of the Housing Choice Voucher (Section 8) Homeownership Voucher Program is to use the money from a regular Housing Choice Voucher rental voucher to help a family buy a home or meet monthly homeownership expenses.

In order to use the program, you must have a Housing Choice Voucher (HCV). Once you have a voucher, and if your housing authority offers the HCV homeownership program, you can begin looking for a housing unit to buy.

Once you find a housing unit to buy, the housing authority will make the monthly homeownership assistance payment for you. The housing authority may make the payment to the lender directly or to your household.

The amount of the subsidy for the homeownership program is determined the same as your rental voucher would have been.

Does DuPage Housing Authority have a Homeownership Voucher Program?
DuPage Housing Authority is NOT taking new Homeownership participants due to funding. We are currently serving those that were “grand-fathered” in from years ago. However, we are actively seeking opportunities to provide this program to the DuPage community again.

Homeownership Resources:
DuPage Homeownership Center is a nonprofit organization that provides a full range of services to promote responsible sustainable homeownership, with an emphasis on serving first-time home buyers, low-and-moderate-income households and homeowners in crisis. For more information visit www.dhoc.org or call 630-260-2500.

The Illinois Housing Development Authority is another resource, visit their website at www.ihda.org/my-home/saving-my-home/

Foreclosure prevention assistance is provided at DuPage Homeownership Center (www.dhoc.org or call 630-260-2500) and at Illinois Housing Development Authority (312-836-5200).