The American Dream for One Million

HUD unveiled a new program that makes the dream of homeownership achievable for more than one million working families now receiving HUD Section 8 rental assistance vouchers.

Read Time: 1 minute

September 12, 2000, 1:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


Housing and Urban Development Secretary Andrew Cuomo today unveiled a newprogram that makes the dream of homeownership achievable for more than one million workingfamilies now receiving HUD Section 8 rental assistance vouchers. Under the program, Section 8 rental assistance vouchers can be used to purchase homes. Once the program goes into effect in October, vouchers may be used to purchase a new home, anexisting single-family home, a home under construction or shares in a cooperative.

Thanks to Abhijeet Chavan

Monday, September 11, 2000 in HUD News

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