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1. Legislative Focus booklet of the California Association of Housing ...

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Hung Family<br />

“We could sustain<br />

ourselves without<br />

<strong>the</strong> help from<br />

government<br />

programs. This<br />

way, o<strong>the</strong>rs can<br />

benefit from this<br />

program as well.”<br />

Silvia Hung only had a high school diploma and some accounting experience when her<br />

marriage ended. With children ranging in age from 3 to 16, Silvia struggled with<br />

supporting a family <strong>of</strong> 6 as a single mo<strong>the</strong>r, working multiple jobs and attending classes to<br />

earn her Associate's degree in accounting.<br />

Silvia heard about <strong>the</strong> Section 8 <strong>Housing</strong> Choice Voucher enrollment process through <strong>the</strong> news.<br />

She applied and was accepted after years <strong>of</strong> waiting. Eventually Silvia received a Bachelor's<br />

degree in Economics and was able to find a job that better supported her family. She <strong>the</strong>n<br />

joined San Mateo County <strong>Housing</strong> Authority’s Family Self-Sufficiency Program (FSS) and<br />

created financial goals to pay <strong>of</strong>f her debt and save for a down payment on a home.<br />

Silvia wanted to own a home so that, “we could sustain ourselves without <strong>the</strong> help from<br />

government programs. This way, o<strong>the</strong>rs can benefit from this program as well.”<br />

When Silvia felt confident that she had saved enough for a down payment and could qualify for<br />

a loan, she signed up for <strong>the</strong> <strong>Housing</strong> Authority’s Homeownership Program (HCV/HO). She met<br />

with a mortgage specialist and provided documentation <strong>of</strong> <strong>the</strong> necessary down payment<br />

requirements and <strong>the</strong> certificate <strong>of</strong> attendance for a HUD certified Homeownership class.<br />

Now, a proud homeowner, Silvia reflects on her journey, “The most important thing I want for<br />

my children is obtaining higher education ….I believe that higher education allows <strong>the</strong>m to have<br />

a better future and <strong>the</strong>y can avoid going through <strong>the</strong> struggles that I went through.”<br />

The HCV/HO Program was designed to move people from government-funded rental<br />

assistance to financial independence and self-sufficiency. The program allows first-time<br />

homeowners to use a voucher subsidy to meet monthly homeownership expenses for up to<br />

fifteen years, with exceptions to <strong>the</strong> maximum term for disabled and elderly families. More<br />

than 19,000 families nationwide have become homeowners through this program.<br />

4

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