What if I want to sell, move or refinance?
June 19, 2025
Participants can sell or refinance their home, but they must notify OHA prior to doing so. OHA must approve the terms of the refinance or sale. Participants must also obtain approval from any second mortgage holder (i.e. City of Oakland’s Mortgage Assistance Program). If a participant wants to move out of Oakland (port out) and continue their Section 8 Homeownership assistance, they must notify their homeownership coordinator and move to another city that also has a Section 8 Homeownership program. Otherwise, they may move to another city that does not have a Homeownership program but will lose their Section 8 Homeownership Assistance. There are no recapture or resale restrictions under the Section 8 Homeownership Program. However, many of the down payment assistance programs do have recapture and/or resale restrictions and you will have to abide by their rules and restrictions.