Thursday, March 31, 2011

Low Income Houses for Rent

My family is considered by the government to be in the low income range. Our household income and assets are below the federal limit. Since we live on a meager income, we have had to apply for many government assistance programs. Recently, we have had to apply for low income houses for rent. This type of housing is made available through the Section 8 program.

The Section 8 program allows tenants with a voucher to find and lease a house whenever they chose. The tenant would then only pay a portion of the rent while the Public Housing Agency covers the rest. This is a really good program for us because we would not be able to afford living in a house otherwise. To apply for Section 8, we had to go to the Public Housing Agency in our town. We found one by going to the HUD website. In order for our family to stay in the section 8 program, we had to regularly provide the FHA information about our household income.

Find low income homes for rent was a bit more difficult. For one thing, not all landlords are willing to accept Section 8 people. There are several reasons for this. The landlords may not want to be subjected to the Fair Market Value of the rent that they can charge. However, we continued searching diligently for a place to live and we wanted to find a house in a nice neighborhood. It is important that we live in a good area because we have kids.

After much searching around, we were able to find the house that suited our family. It was a four bedroom house and the landlord accepted Section 8 tenants. We were really happy to have found this house. It was big enough for our family and it was close to the good schools. It was also within your budget too. The FMV is not the same for all places so nicer areas would have a higher FMV.

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