Do you want to become a Homeowner?
The Albany Housing Authority Homeownership Program allows families that are assisted under the HCV program to use their voucher to buy a home and receive monthly assistance in meeting homeownership expenses. The program is limited to first-time homeowners who have received housing counseling and meet the minimum income requirements.
The program is available to BOTH Section 8 AND Public Housing residents.
The first step in the process is to complete a HUD approved Homeownership Counseling course.
Below is a list of HUD Approved Counseling Agencies in the Capital Region and surrounding area:
AFFORDABLE HOUSING PARTNERSHIP
Address: 255 Orange St, Albany, New York, 12210-2404
Phone: (518) 434-1730
Email: info@ahphome.org
Website: http://www.ahphome.org
ALBANY COUNTY RURAL HOUSING ALLIANCE, INC.
Address: 24 Martin Rd, Voorheesville, New York, 12186-4814
Phone: (518) 765-2425
Email:
Website: https://www.acrha.org
TROY REHABILITATION AND IMPROVEMENT PROGRAM
Address: 415 River St Ste 2, Troy, New York, 12180-2834
Phone: (518) 690-0020
Email:
Website: http://www.triponline.org
BETTER COMMUNITY NEIGHBORHOODS, INC. (formerly Better Neighborhoods, Inc.)
Address: 670 Franklin St, Schenectady, New York, 12305-2110
Phone: (518) 372-7616
Email: dcolon@bcnihousing.org
Website: https://www.bcnihousing.org
RUPCO, INC. (SPANISH OFFERED)
Address: 301 Fair St, Kingston, New York, 12401-3835
Phone: (845) 331-2140
Website: http://www.rupco.org
You can find a full list of HUD Approved Courses by clicking on this link:
Housing Counseling
Completing this counseling is a requirement of the Homeownership Program, it will assist you in becoming mortgage ready and mortgage qualified.
The pre-assistance counseling can take anywhere from 6-12 months or more, depending upon the availability of classes as well as your ability to obtain a mortgage.
Once you obtain the certificate for completion of homeownership counseling through a HUD approved agency, AND you are prequalified for a mortgage amount, then it is time to complete the AHA Homeowner Registration Form by clicking on this link:
AHA Homeowner Registration Form
If you have any questions, please contact The Albany Housing Authority Resource Center: ResourceCenter@albanyhousing.org (OR) call 518-380-5600.
Congratulations on starting this exciting journey!
