Chapter XVIII: Special Programs


Section C: Homeownership Program

  • MSHDA currently operates the “Key to Own” HCV Homeownership Program. This program offers a homeownership option for families that hold a MSHDA tenant-based HCV. Qualified tenants will be able to use their voucher subsidy toward a mortgage on a home rather than towards their rent.
  • To qualify for the HCV Homeownership Program, the participant must be:
    1. A good-standing HCV participant for a minimum of one year; and
    2. A first time homeowner or have not owned a home in the last three years; and,
    3. Enrolled and actively participating in the Family Self-Sufficiency Program and free of cash welfare, except elderly and disabled persons; and
    4. Employed full-time continuously for the last year earning $15,000 (except elderly or disabled persons) and
    5. Within the household income eligibility and other guidelines of the program.
  • Additional eligibility criteria and program guidelines may be found in a separate manual titled, “MSHDA’s Office of Housing Voucher Programs HCV “Key to Own” Homeownership Program Guidelines.”