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Section 8 Homeownership Assistance Program (SHAPE)

MHA’s Homeownership Program (SHAPE) is designed to help families convert their HCV rental assistance payment into mortgage assistance payments. The prograHCV House m helps families to identify qualified mortgage lenders and to access down payment assistance programs. The mortgage subsidy can last for up to 15 years on a 30-year mortgage.  Homeownership subsidy is the same as the rental program with expenses being an additional consideration for homeownership

Families must be enrolled in the HCV Family Self-Sufficiency (FSS) program and meet certain criteria to qualify to participate in the SHAPE program.