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jeudi 16 mai 2019

Exploring Affordable Housing For Young Adults

By Kimberly Brooks


When it comes to apartments and homes in the United States, most housing has been built and directed toward the nuclear family. While this is the case, times have changed. As a result, so too the different types of apartments, condos and housing options which provide affordable housing for young adults.

These programs are often directed at individuals with low income, senior citizens and people whom are receiving disability benefits. While this is the case, it is important to check all listings. For, there are some subsidized low income properties outside government programs which are offered by private property management companies and landlords. One of these is the monolithic dome rentals located in Italy, Texas. Originally intended as an extended stay lodging location, the domes have now been converted into low income housing.

Adaptability and flexibility are also key when looking for a low income rental. For, most often these properties are going to provide basic housing without playgrounds or swimming pools. In addition, while there are some which include utilities, most do not. As such, it is important to calculate the difference between non-government rentals which do and government rentals which do not include utilities.

Public housing, often known as Section 8, provides affordable rental housing in different locations in the United States. In most cases, individuals must submit an application through a rental management company or landlord, which includes a criminal background check, employment and rental history. The application is then reviewed and either rejected or approved by the local housing authority.

Voucher programs are a bit different from Section 8, HUD and subsidized housing. For, most often an individual will go ahead and rent a property knowing that one meets the qualification standards for the program. While this is the case, most properties also have qualification guidelines which can often be difficult to meet for individuals on fixed or low income.

It is also recommended renters visit any potential property to gain an idea of the tenants and overall lifestyle. For, there are some properties in low income neighborhoods which can be overrun by drug dealers and prostitutes. As such, by visiting the property and touring an apartment or house, renters can often be assured this is not the case.

If individuals are having difficulty locating a property manager or public housing agent, the HUD field office can often be of assistance. Landlords and property managers can also contact a HUD representative if interested in offering low income properties through any of these government programs. For, more low income properties are desperately needed as there can often be a multi-year waiting list for people attempting to apply and qualify for these programs.

In most cases, younger people whom are healthy and well can find lower income rentals without going through these programs. In one case, the Section 8 website recommends that buying a mobile home, acquiring an RV, sharing a room or house and subletting are all great options for these individuals. While this is the case, there are other young adults whom now pet and house sit on an ongoing basis to avoid having to pay a mortgage or rental fee.




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