Some Public Housing Institution

Chicago Housing Authority (CHA)  the largest owner of rental housing in the city of Chicago

The most important program of CHA :  The Housing Choice Vouchers

CHA’s Housing Choice Voucher (HCV) Program allows low-income families to rent quality housing in the private market via federal funds provided by the U.S. Department of Housing and Urban Development (HUD). Through the HCV Program, CHA pays a portion of eligible families’ rent each month directly to the Property Owner/Manager. Participating families can use their vouchers to rent a house or apartment from private Property Owners throughout the city of Chicago

References links: http://www.thecha.org/pages/housing_choice_voucher_program/69.php

Federal Housing Administration (FHA) –The Federal Housing Administration, generally known as “FHA”, provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories.

This video shows that how does FHA loans work.

http ://www.youtube.com/watch?v=32RIO7CLaCE

I will keep finding something to supplement this blog

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s