ACOP draft

HCV Homeownership Assistance Option Webinar

JULY 12, 2023
10A & 6P CST

This webinar will detail the HCV Requirement to access the homeownership assistance option which is

required to participate in the City of Mobile HOPE Program.

REGISTER NOW

Zoom Webinar Registration Link: 
https://us02web.zoom.us/meeting/register/tZEtfumprjsiGdFTKfD7X6SM9NDe9WVvjJxo
 

NOTICE
PUBLIC HEARING
MOBILE HOUSING AUTHORITY
2023 CAPITAL FUND PROGRAM GRANT AND 5-YEAR CFP PLAN

The Board of Commissioners of the Mobile Housing Authority (MHA) will conduct a Public Hearing to obtain comments on its proposed 2023 Capital Fund Program Grant (CFP) and 5-Year CFP Plan. The Public Hearing will be held electronically. Residents and citizens who cannot participate via Zoom video can do so by dialing the meeting call-in number: 1-651-372-8299

Zoom Video Link:
https://us06web.zoom.us/j/81390195517?pwd=MDZhalU0SzE1MHJhQXFPOXR5VWtNUT09

Meeting ID: 813 9019 5517  Passcode: 692892

The Public Hearing will be held Thursday, July 13, 2023 at 2:00 p.m. 

The Mobile Housing Authority’s CFP Plan will be available for public inspection at the Mobile Housing Authority’s website: www.mobilehousing.org.

A hard copy of the 2023 Capital Fund Budget and 5-Year Plan will be available for public viewing at our Central Office (151 S. Claiborne Street) by appointment only. Appointments may be scheduled by contacting Elicia Brown at (251) 434-2202 or ebrown@mobilehousing.org.

Michael E. Pierce
Chief Executive Officer

Mobile Association of Real Estate Brokers (NAREB Mobile)

Presents

Building Wealth Through Homeownership

Please Join NAREB Mobile for our Community Wealth Building Day 2023

James Seals Jr. Park and Recreation Center
540 Texas Street
Mobile, AL 36603

Date: Saturday, June 24, 2023
Time: 10:30 a.m. - 4:30 p.m.

There will be FREE sessions on Down Payment Assistance Programs,
Mortgage Readiness, Credit Education, Housing Choice Voucher to
Homeownership, the Homebuying Process, Foreclosure Prevention,
Real Estate Investing, Estate Planning & Wills, and much more.

For More Info Call 251-709-0412

To register for this event scan the QR Code or go online: https://CommunityWealthBuildingDay2023.eventbrite.com

This event is sponsored in part by the Mobile County Commission

HCV HOMEOWNERSHIP ASSISTANCE PROGRAM

MHA has supported Housing Choice Voucher participants in our tenant-based voucher program to achieve self-sufficiency and attain the goal of homeownership for nearly two decades by providing monthly mortgage assistance.

To be eligible to transition from tenant-based assistance to homeownership assistance, the family must be a current participant in good standing, or a new applicant, also meeting the following criteria:

The family must:
- Have a good rental history
- Be a first-time homebuyer, not having owned a home within the last three (3) years
- Have a stable employment history for the last two (2) years
- Meet the minimum annual income requirement (i.e., the federal minimum wage multiplied by 2,000 hours); for disabled families, annual income must not be less than the monthly federal supplemental Social Security Income (SSI) for an individual living alone multiplied by twelve
- The family must also be able to provide evidence of a downpayment of at least 3 percent of the purchase price, with 1 percent coming from the family’s own resources
- The U.S. Department of Housing and Urban Development (HUD) requires all families to attend a HUD-approved housing counseling program

For more information and to be screened for eligibility, email hope@mobilehousing.org. Email inquiries only, please!

MHA looks forward to assisting participants utilizing the city's HoPE (Homeownership Provides Equity) Program.