Newark renters become homeowners converting Section 8 vouchers into mortgage subsidies

A city partnership with a non-profit mortgage company and builder helps Newark address its low rate of homeownership.

Patricia Hobbs in front of her new house on Peshine Street in Newark on Tuesday. She converted her federal Section 8 voucher from a rental subsidy to mortgage assistance. Mayor Ras Baraka, at right, launched the conversion program to encourage home ownership.

So in July, city officials announced a program encouraging residents to use their federal Section 8 vouchers toIf you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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