PHA offers assistance to residents who are interested in making
the leap from renting to owning a home of their own. We are one of
the leading housing authorities in the nation for affordable
homeownership sales.
Purchasing a home is a serious investment that requires time and
planning. PHA's Homeownership Division sponsors first-time
homebuyer workshops where residents can learn more about financial
planning, credit review and repair, affordability, getting
pre-qualified for a mortgage, and identifying real estate agents
and home inspection companies. Our team also establishes working
partnerships with financial institutions, housing counseling
agencies, and realtors.
Homeownership offers 2 programs: Housing Choice
Homeownership for HCV recipients and Section 5(H) Homeownership
for scattered site PHA residents.
Document Preparation Fees
PHA's Office of General Counsel
assists Homeownership clients with document preparation. Below is a
list of services and fees.
- Satisfaction/Release of Mortgage - $175
- Subordination of Mortgage - $350
- Closing Documents (PHA as Seller) -$250
- Disposition Documents - $550
Contact
Homeownership Division
215-684-8926