Cuyahoga Metropolitan Housing Authority Cuyahoga Metropolitan Housing Authority - Enriching Lives in the Community for 80 Years

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HCVP Homeownership Program

The Housing Choice Voucher Homeownership program was created by the Department of Housing and Urban Development (HUD) to help qualified participants on the Voucher Program to become homeowners. The family's participation in the program is completely voluntary. The ultimate goal is to provide opportunities for families to become first time homebuyers and remain stable homeowners in their community.


Qualifications for Program Eligibility

  • The family must be a current Housing Choice Voucher Participant with CMHA for at least one year and must be in good standing.

  • The family must be a first time homebuyer.

  • The family must meet the minimum income requirement of $15,000 to ensure the families will have sufficient income to pay homeownership and other family expenses not covered by the subsidy. Elderly Heads of household and Disabled Heads of Household income will be reviewed on an individual basis.

  • "Full-time employment" must be continuous for at least one year prior to application.

  • Welfare assistance may be used for elderly and disabled families only.


Minimum Down Payment

HUD requires a minimum down payment requirement of 3% or more of the purchase price with at least 1% of the purchase price coming from the family's own personal resources. To meet this requirement, CMHA requires a minimum $3,000 savings. Participants in the Family Self Sufficiency Program (FSS) with an escrow balance that meets or exceeds the minimum savings requirement shall receive a priority for participation in the Homeownership Program.


Eligible Units

  • The units must be under construction or already existing.

  • The unit must be either a single family home, or a single dwelling unit in a condominium or cooperative.

  • The home must be inspected and passed by a HCVP inspector. In addition, an independent inspector, designated by the family, must inspect the unit and the unit must satisfy the General Home Inspection (GHI) criteria, and satisfy all Point of Sale (POS) inspections.

  • The seller of the home must not be a person or entity debarred, suspended, or subject to a limited denial of participation.


Family Obligations

  • The family must complete First Time Home Buyers counseling sessions.

  • The family must comply with the mortgage terms.

  • The family must notify the Cuyahoga Metropolitan Housing Authority of any changes, such as: selling the home, refinancing the home, change in income and family composition, or any other circumstances that would affect the family's ability to maintain the home.


Maximum Term of Assistance

The maximum terms of assistance are as follows:

  • 15 years for mortgages of 20 years or more

  • 10 years for all other mortgages

  • There is no term limitation for elderly or disabled families


Termination of Assistance

Termination of assistance may occur because of mortgage default, failure to comply with family obligations, and any other program violations.


Additional Resources:


External Web site icon Additional information about the Special Housing Option


For more information, please contact Eric Williams, Homeownership Coordinator at (216) 271-2431 or email @

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