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Page 15-1 Chapter 15 SPECIAL HOUSING TYPES [24 CFR 982 ...

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SAHA PolicyFor families participating in the homeownership option, requests to move will be approved ordenied in accordance with PHA policies in <strong>Chapter</strong> 10.SAHA will not require additional counseling of any families who move with continuedassistance.<strong>15</strong>-VII.N. DENIAL OR TERMINATION OF ASSISTANCE [<strong>24</strong> <strong>CFR</strong> <strong>982</strong>.638]At any time, SAHA may deny or terminate homeownership assistance in accordance with HCVprogram requirements in <strong>24</strong> <strong>CFR</strong> <strong>982</strong>.552 (Grounds for denial or termination of assistance) or <strong>24</strong><strong>CFR</strong> <strong>982</strong>.553 (Crime by family members).SAHA may also deny or terminate assistance for violation of participant obligations described in<strong>24</strong> <strong>CFR</strong> Parts <strong>982</strong>.551 or <strong>982</strong>.633 and in accordance with its own policy.SAHA must terminate voucher homeownership assistance for any member of family receivinghomeownership assistance that is dispossessed from the home pursuant to a judgment or order offoreclosure on any mortgage (whether FHA insured or non-FHA) securing debt incurred topurchase the home, or any refinancing of such debt.SAHA PolicyTermination of assistance for families participating in the homeownership option will bedone in accordance with the policies in <strong>Chapter</strong> 12.<strong>15</strong>-VII.O. MORTGAGE DEFAULT [<strong>24</strong> <strong>CFR</strong> <strong>982</strong>.638(d)SAHA must terminate voucher homeownership assistance for any member of family receivinghomeownership assistance that is dispossessed from the home pursuant to a judgment or order offoreclosure on any mortgage (whether FHA-insured or non-FHA) securing debt incurred topurchase the home, or any refinancing of such debt. SAHA, in its discretion, may permit thefamily to move to a new unit with continued voucher rental assistance. However, SAHA mustdeny such permission, if:(1) The family defaulted on an FHA-insured mortgage; and(2) The family fails to demonstrate that:(i) The family has conveyed, or will convey, title to the home, as required by HUD, toHUD or HUD's designee; and(ii) The family has moved, or will move, from the home within the period established orapproved by HUD.SAHA PolicyIf the family defaults on the home mortgage loan, the participant will not be able to use theHomeownership Voucher for rental housing but may reapply for the Section 8 waiting list.© Copyright 2006 Nan McKay & Associates, Inc. <strong>Page</strong> <strong>15</strong>-23Adminplan 12/1/06Unlimited copies may be made for internal use.

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