2013 CMHA HCVP Admin Plan - Cuyahoga Metropolitan Housing ...

How to find a home, including information about Homeownership opportunities, schools,
and transportation in the PHA jurisdiction;
Advantages of purchasing a home in an area that does not have a high concentration of
low-income families and how to locate homes in such areas;
Information about the Real Estate Settlement Procedures Act (RESPA), State and Federal
truth-in-lending laws, and how to identify and avoid loans with oppressive terms and
conditions;
Fair Housing laws.
Families shall attend one post purchase-counseling sessions within the first year of
homeownership.
Eligible Units [24 CFR 982.628]
The unit must meet all of the following requirements:
The unit must meet HUD’s “Eligible Housing” requirements. The unit may not be any of
the following:
o A public housing or Indian housing unit;
o A unit receiving HCVP project-based assistance;
o A nursing home, board and care home, or facility providing continual psychiatric,
medical, or nursing services.
o A college or other school dormitory;
o On the grounds of penal, reformatory, medical, mental, or similar public or
private institutions.
o The unit is a manufactured home where both the home and land are purchased by
the participant.
o Families may enter into contracts of sale for units not yet under construction at the
time the family enters into the contract for sale. However, the PHA shall not
commence homeownership assistance for the family for that unit, unless and until
1.) The responsible entity completed the environmental review procedures
required by 24 CFR part 58, and HUD approved the environmental certification
and request for release of funds prior to the commencement of construction; or 2.)
HUD performed an environmental review under 24 CFR part 50 and notified the
PHA in writing of environmental approval of the site prior to commencement of
construction. In addition, the PHA shall not commence homeownership
assistance unless and until construction of the unit has been completed and the
unit has passed the required HQS inspection and independent inspection.
o The unit is a one-unit property or a single dwelling unit in a cooperative or
condominium.
o The unit has been inspected by the PHA and by an independent inspector
designated by the family. The PHA inspection shall occur prior to the
independent inspection.
Copyright 2000 by Nan McKay & Associates
To be printed only with permission of Nan McKay & Associates
Unlimited copies may be made for internal use
Approved by CMHA Board of Commissioners
October 3, 2012
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