How federal programs help low-income families become homeowners
“The Wilmington Housing Authority is among a limited number of authorities across the country that opt into federal programs that forge paths to homeownership for low-income families, but even the U.S. Department of Housing and Urban Development admits the programs are underutilized and present barriers that may discourage housing authorities from offering them altogether. Public housing authorities that opt into the Housing Choice Voucher program for homeownership must shift funding for public rental housing to the homeownership program, which could limit the total number of households they can help.”