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Birmingham’s 5H Program Revived | Birmingham News
Birmingham’s Housing Authority just revived its 5H program — the first time in 15 years — and sold its first home to Blanche Wilder, marking a major leap toward affordable homeownership. This innovative program lets eligible families lease a home for 35 months, then buy it, with payments capped at 30% of income and strict eligibility rules including a $15K annual income and 620+ credit score. Though not limited to current HABD residents, priority goes to those who’ve completed the agency’s Family Self-Sufficiency program. With 29 homes now available in Mason City and Tuxedo — and more on the…
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