HA Item 05 -Update to the Housing Choice Voucher Administrative Plan

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Administrative Plan 7/1/2025 . Page 15-21 15-VII.B. FAMILY ELIGIBILITY [24 CFR 982.627] If the PHA offers the homeownership option, participation by the family is optional. However, the family must meet all of the requirements listed below before the commencement of homeownership assistance. The PHA may also establish additional initial requirements as long as they are described in the PHA administrative plan.  The family must have been admitted to the Housing Choice Voucher program.  The family must qualify as a first-time, homeowner, or may be a cooperative member.  The family must meet the Federal minimum income requirement. The family must have a gross annual income equal to the Federal minimum wage multiplied by 2000, based on the income of adult family members who will own the home. The PHA may establish a higher income standard for families. However, a family that meets the federal minimum income requirement (but not the PHA's requirement) will be considered to meet the minimum income requirement if it can demonstrate that it has been pre-qualified or pre-approved for financing that is sufficient to purchase an eligible unit. SAHA Policy SAHA will not establish a higher minimum income standard for disabled and/or non- disabled families.  For disabled families, the minimum income requirement is equal to the current SSI monthly payment for an individual living alone, multiplied by 12.  For elderly or disabled families, welfare assistance payments for adult family members who will own the home will be included in determining whether the family meets the minimum income requirement. It will not be included for other families.  The family must satisfy the employment requirements by demonstrating that one or more adult members of the family who will own the home at commencement of homeownership assistance is currently employed on a full-time basis (the term full-time employment means not less than an average of 30 hours per week); and has been continuously so employed during the year before commencement of homeownership assistance for the family. SAHA Policy Families will be considered “continuously employed” if the break in employment does not exceed four months. SAHA will count self-employment in a business when determining whether the family meets the employment requirement.  The employment requirement does not apply to elderly and disabled families. In addition, if a family, other than an elderly or disabled family includes a person with disabilities, the PHA must grant an exemption from the employment requirement if the PHA determines that it is needed as a reasonable accommodation.  The family has not defaulted on a mortgage securing debt to purchase a home under the homeownership option. EXHIBIT 1