NACA’s Homebuyer Workshop for Section 8 Voucher Holders

FOR IMMEDIATE RELEASE
February 17, 2025

NACA to Host Free Homebuyer Workshop in Newark to Help Section 8 Voucher Holders Become Homeowners

Newark, NJ – The Neighborhood Assistance Corporation of America (NACA), the nation’s largest HUD-approved nonprofit homeownership and advocacy organization, is bringing its life-changing Homebuyer Workshop to Newark, giving Section 8 Housing Choice Voucher recipients a real shot at homeownership.

In partnership with the Newark Housing Authority, NACA is hosting this free workshop on Saturday, Feb. 22, 2025, at The Waterfront, 2 Grafton Ave, Newark, NJ. The event will be offered in two sessions, from 10 a.m. – 2 p.m. and 2 p.m. – 6 p.m. to accommodate as many participants as possible.

This workshop will educate Section 8 voucher holders on how they can turn their rental assistance into mortgage payments and begin building generational wealth. Through NACA’s HOT-PHA (Homeownership Through Public Housing Assistance) Program, participants can use their Housing Choice Voucher to purchase a home with NACA’s Best in America Mortgage which features:

  • Sin pago inicial
  • Sin costos de cierre
  • No mortgage insurance
  • Sin cargos
  • Below-market, fixed interest rates (30-year fixed mortgage rate is 5.875% as of February 14).  

Why This Workshop Matters:

  • Learn how to transition from renting to homeownership
  • Understand how Section 8 vouchers can be applied toward mortgage payments
  • Receive expert guidance on financial preparation and the homebuying process
  • Access NACA’s Best in America Mortgage 

“Homeownership should not be out of reach for hardworking families, including those with Section 8 vouchers,” said Bruce Marks, CEO of NACA. “Through our partnership with the Newark Housing Authority, we are providing an unprecedented opportunity for voucher holders to break free from renting and build generational wealth. This workshop is the first step toward turning a housing voucher into the key to homeownership. We encourage all Section 8 recipients in Newark to attend and take advantage of this life-changing program.”

Event Registration

Don’t miss the chance to take control of your future. Register now at www.naca.com. Walk-ins are also welcome!

Watch Haneefah Warren’s inspiring journey to homeownership through NACA’s HOT-PHA program aquí.

Sobre NACA

Founded in 1988, NACA is the nation’s largest HUD-approved nonprofit homeownership and advocacy organization. With 47 offices nationwide, NACA has helped more than 250,000 families achieve sustainable homeownership by eliminating barriers such as credit score requirements, down payments, and hidden fees. NACA’s CEO, Bruce Marks, is a recognized leader in housing reform, earning accolades such as Bostoniano del año for his work convincing lenders to modify predatory loans and advocating for mortgage reform before Congress.

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Media Contacts:                                             

Katina Fields
Director of Media and Public Relations
(714) 865-5690 
[email protected]

Shruti Gondaliya                                                                                                                       
Media Relations Coordinator                                                  
(781) 742-8797
[email protected]