You will benefit by buying the property below market, having lower payments and putting less down. But, you will also be required to past this same benefit on to the next buyer. You will be able to enjoy an increase as the market increases. However, you will not be able to sell at market price. Your purchase price will be set by the Housing Authority. They will set it below market. But, if the market increases, your future sales price also increases. It will be set by their guidelines and be a consistent percentage below market. The way the market is heading, you could get it at a great price and after enjoying it could likely sell at comfortable increase. The problems is if you later try to rent, you will have restrictions. Also, when you do sell you will have to market the property to those who meet "affordable" guidelines first. If no qualified applicants are accepted you will then be able to market it to anyone. Thus, it often takes longer to sell such a property. Likewise, fewer people will be interested in have restrictions placed on their ability to rent and sell at a price they choose.