Options When You Are Trying To Find A Place To Live With Limited Income

Options When You Are Trying To Find A Place To Live With Limited Income

12 September 2018
 Categories: Real Estate, Blog

When you are living on a shoestring budget, it can be difficult to imagine moving to a new place that is decent and affordable. Most people do not know the various options available to them in terms of low income housing. Because they are not aware of the options, they may end up in sub-par living arrangements or in something that is too expensive, which can result in an eviction. If you are dealing with the process of looking for a new place to live on a relatively limited or low income, get to know some of the options available to you in your search. Then, you can be sure that you get the best place to live within your budget. 

Contact Your Local Housing Authority

One of the steps that you can take when you are looking for low income apartments or houses is to get in contact with your local housing authority. Housing authority offices are run through the government, specifically the department of Housing and Urban Development (HUD for short). 

These offices are put in place to help subsidize low-income housing for individuals who qualify. Once you get in contact with the offices, you will fill out an application. The application will mainly be questions about your household size and your income as well as basic demographic information. They may also ask you what type of housing unit you are interested in (the number of bedrooms, house versus apartment, etc.). 

After you turn in the application, you will receive notice whether you meet the qualifications to be put in public housing or you do not. This does not necessarily mean that you will get into a public housing unit right away. Most likely, you will be put on a wait list until a unit becomes available. If you have a disability or children, your housing application often gets priority status, though. 

Find Apartments That Offer Rent Discounts for Low-Income Renters

When you apply through a housing authority office, the government will place you in a unit that they deem appropriate for you and your family. Another way to find low-income apartments is to look for apartment complexes and rental companies that offer discounted rent rates for low-income renters. These apartment complexes are subsidized by the government. This means the company will still get the full amount of rent they would normally charge from a combination of your rent payments and the subsidies provided by the government. 

One of the benefits of going this route in your low-income home search is that you will have more say in what apartment complex you work with. You may have a neighborhood preference, for example, and want to stick close to the schools your children attend. Or, you may simply prefer the apartment layouts in one complex as opposed to another. Choosing to apply directly with the apartment complex gives you better autonomy in the process of choosing a home. 

Now that you know a few of the options available when you are trying to find a place to live on a limited budget, you can start your home search as soon as possible.