by 
Anonymous
ANSWERS: 2
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Would you be able to afford that honey? They would not pay any housing benefit..
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If you are a first time home buyer (including former homeowners who have not owned a home for at least three years), you may be able to qualify to purchase real estate while on public assistance, pensions, and other fixed incomes. In fact, if you are on a Section 8 voucher, this may be used as qualifying income. You will be expected to have two or three months PITI in reserves (2-3 months mortgage payments), but that may be in any liquid form including a 401(k). If you are a military veteran, you most certainly could use your VA loan guaranty.
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