Low-income residents in Marin City could receive assistance in achieving homeownership from the Marin Housing Authority under a new strategy under consideration.
Marin County Housing Authority director Lewis Jordan briefed county supervisors on the strategy on Oct. 20 while updating them on the efforts to rehabilitate Golden Gate Village, the 59-year-old public housing complex in Marin City.
Jordan told supervisors that his staff is working on programs that “will lead to or increase home ownership opportunities for those tenants who live in Golden Gate Village.”
The plan that he and deputy director Kimberly Carroll previewed on Tuesday would provide a path for residents in public housing to pursue homeownership, or move out of public housing, using a federal Section 8 voucher.
Holders of Section 8 vouchers pay about 30% of their rent and the federal government pays the rest. However, Carroll said, the vouchers can also be used as mortgage