NJ HMFA

ELIGIBLE BORROWERS: Individuals only. Corporations are not permitted to act as borrowers. Borrowers must have a current Section 8 housing voucher from an issuing Public Housing Authority (“PHA”) that has a HUD approved voucher payment administrative plan. The PHA administrative plan must permit vouchers for purchase of properties located in the place of purchase and the PHA may have to approve the financing terms offered by the Agency.