Home Ownership

OVERVIEW

Integrated Community Solutions is proud to administer the Brown County Housing Choice Voucher Homeownership Option.

If you are currently receiving Housing Choice Voucher Rental Assistance or are eligible to receive it, you can use your Voucher subsidy toward the mortgage on your own home.  Since there is a 15 year time limit on our Homeownership assistance, we will also provide Family Self Sufficiency (FSS) casemanagment to help you on the path toward self sufficiency!

If homeownership is one of your goals, please call for a FSS/Homeownership brochure and interest application.

PROGRAM QUALIFICATIONS

To qualify for the Brown County Housing Choice Voucher Homeownership program you must:

  • Be a current Voucher rental assistance participant or be selected from the waiting list for Voucher assistance.
  • Be consistently employed for at least one year (elderly and disabled families are exempt from this requirement).
  • Earn a minimum annual income of $13,100 or $8,088 if you are elderly or disabled.
  • Be in compliance with your current lease (you must not break your lease or owe your landlord any money, not leave your unit with damages or past rent or utilities due).
  • Be able to secure a mortgage loan from a lender.
  • Be a first time homeowner (must not have owned a home in the past 3 years, unless you are a single parent or displaced homemaker who owned a home with your spouse) An exemption may be granted for families which have a disabled family member.

STEPS TO HOMEOWNERSHIP

  1. If you think you meet the program qualifications, but are not yet on the Housing Choice Voucher Program, you must first submit an application and be selected from the waiting list. When your name is selected from the waiting list, we will contact you for an eligibility interview.
  2. Fill out an FSS/HO Interest Application
  3. We will contact you to schedule an initial FSS/HO assessment.
  4. Call NeighborWorks Green Bay (448-3075), located at 437 S Jackson St, Green Bay for an initial consultation and scheduling of pre-purchase counseling, where you will learn everything you need to know about the homebuying process.
  5. Talk to lender or two for a free consultation to see if you can be pre-approved for a loan and to discuss home purchase programs to help with down-payment and closing costs. At this time you will find out if you are able to get a mortgage and how much of a home you can afford to buy, or if you need to work on your credit first.
  6. When you are mortgage ready, contact ICS for a final homeownership eligibility assessment.  Then, you're ready to start shopping for a home.  We recommend you work with a realtor who's an accredited buyer's representative, but this is not required.
  7. When you find a home you would like to buy, it will need to pass ICS's Housing Quality Standards evaluation. You will also need to hire a private inspector to inspect the house. ICS will then help you decide if, in light of any necessary repairs, this house would be a good investment for you.
  8. If you meet all eligibility & financing requirements you can close on your home and start packing!

HOMEOWNERSHIP PROGRAM
INCOME GUIDELINES

To qualify for the Brown County Housing Choice Voucher Homeownership Program your gross yearly income must be at least $13,100 a year (or $8,088 of you are elderly or disabled), but not more than the maximum income limits for your family size.

Please be aware that even if you meet the criteria for the program, it does not guarantee that you will receive a subsidy from ICS.

If you are interested in learning more about the Homeownership Program, please call (920) 496-1926.

Learn more about the Department of Housing & Urban Development's Homeownership Program.