Development Focus

Permanent Housing Rent to Own With Land Contract (No Mortgages)

If voucher funds could be used to purchase homes, initially on a rent to own basis, then if the family meets appropriate and reasonable requirements the voucher can be used along with a Land Contract to purchase the home over time. With Land Contracts there is little of no need for financing or mortgages. Homes could be paid off sooner without interest bearing financing. Minimize the cycle of generations on program, ...more »

Submitted by

Voting

10 votes
Active