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SAHA Is Your Key to HOMEOWNERSHIP

March 26, 2013. SAHA Is Your Key to HOMEOWNERSHIP. Vision Create dynamic communities where people thrive. Mission

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SAHA Is Your Key to HOMEOWNERSHIP

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  1. March 26, 2013 SAHA Is Your Key toHOMEOWNERSHIP

  2. Vision Create dynamic communities where people thrive. Mission The San Antonio Housing Authority provides quality affordable housing that is well integrated into the fabric of neighborhoods and serves as a foundation to improve lives and advance resident independence. SAHA Vision and Mission Statement

  3. Empower and equip families to improve their quality of life and achieve economic stability. • Invest in our greatest resource our employees and establish a track record for integrity, accountability, collaboration and strong customer service. • Preserve and improve existing affordable housing resources and opportunities. • Strategically expand the supply of affordable housing. • Transform core operations to be a high performing and financially strong organization. • Develop a local and national reputation for being an effective leader, partner, and advocate for affordable housing and its residents. SAHA’s Strategic Goals

  4. The Section 32 Homeownership Program assists Low to Moderate Income families with income at 30% or below 80% of the Area Median Income purchase a SAHA own home ranging in price from $60,000 to $ 82,000. Section 32 Homeownership Program

  5. Must satisfy HUD regulations related to Homeownership cost-to-income ratios • Must be a first-time homebuyer, or not have owned a home in the last three years • Must complete a pre-purchase counseling workshop prior to closing and with a post-purchase training within 30 days of the closing • Must qualify and obtain an FHA, VA or Conventional Mortgage loan • Must provide a minimum down payment of one (1) percent of the sales price utilizing personal funds Eligibility Requirements

  6. SAHA also partners with community based organizations, like Neighborhood Action Division, Neighborhood Housing Services and Consumer Credit Counseling Service of Greater San Antonio, to ensure families have vital homeownership counseling and help in the home buying process. SAHA Partners

  7. Must complete the SAHA application process • Must submit all documentation to your chosen lender or mortgage company • Must provide SAHA an approval letter from lender or mortgage company • Must meet all Section 32 Homeownership Program guidelines prior to closing Documentation Needed

  8. 518 Corliss Appraised Value: $ 61,000.00 Bed / Bath: 3 BR / 2 BA Square Feet: 1,242

  9. Appraised Value: $ 68,000.00 Bed / Bath: 4 BR / 2 BA Square Feet: 1,472 2835 Del Rio

  10. 2802 Rosary Appraised Value: $ 61,000.00 Bed / Bath: 3 BR / 2 BA Square Feet: 1,224

  11. 2858 Wyoming Appraised Value: $ 66,000.00 Bed / Bath: 3 BR / 2 BA Square Feet: 1,258

  12. Homeownership can truly become a reality for those families of limited resources. Visit us at www.saha.org for further information about this exciting program! You may contact, RachelPenaat 210-477-6011 Monday - Friday, 8 a.m.-5 p.m. Contact Information

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