Home Ownership Made Easy

Pathways to Homeownership

CHA is excited to announce HOME (Home Ownership Made Easy) which offers two pathways to homeownership. The first is our current Choose to Own Program (CTO), where residents and participants of CHA utilize a voucher towards their monthly mortgage payment. The second pathway is our new Down Payment Assistance program (DPA).

CHA’s Choose to Own Homeownership Program (CTO) allows qualified Housing Choice Voucher (HCV) and Public Housing families to use their housing subsidy to buy a home and receive monthly assistance with a portion of their mortgage payment. Through CTO, more than 800 households have purchased their own home!

CHA’s Down Payment Assistance (DPA) Program, in partnership with Neighborhood Housing Services of Chicago, assists first time homeowners who meet eligibility requirements with a grant of up to $20,000 to aid with down-payment and closing costs.

CHA’s HOME program is introducing Homebuyer Workshops to provide valuable resources and support to CHA residents seeking to navigate the path to homeownership. Through workshops (both virtual and in-person), expert guidance, and a supportive community, this program series aims to empower CHA residents with the knowledge and tools necessary to overcome financial barriers and achieve sustainable homeownership.