How To Get A Low Income Apartment

Monday, January 25th, 2016

Finding inexpensive, safe housing in a good neighborhood may seem simple enough, but it can be difficult to get a low income apartment. Even with low housing prices in many areas of the country, locating a low income apartment or house can seem overwhelming. However, there are a few things you can do that make getting a low income apartment simple. First, research your options and apply for Section 8 assistance. Then, review the income guidelines and be prepared to look for many options. Finally, let everyone know that you are looking to get a low income apartment.

Research your low income apartment options

The best place to locate low income housing in your area is the United States Department of Housing and Urban Development (HUD)’s Rental Assistance and Home Buying pages. These websites detail the varying HUD rental assistance and home buying programs, including tenant responsibilities. From there, you can find further information on your state’s website. If you are interested in public housing, contact your local Public Housing Authority (PHA). There are often wait lists for public housing, so you should contact multiple PHAs to have the best chance at getting a low income apartment.

Apply for Section 8 assistance to get a low income apartment

Section 8, or the housing choice voucher program, is a government funded, state housing authority administered program. Eligible individuals and families receive vouchers to cover rent or mortgage on low income apartments and homes. In order to qualify for Section 8, your total annual income must be less than 50% of the median income for your area of the country. When you receive a voucher, you will be responsible for rent expenses up to 30% of your monthly income. Government funds will cover the rest of the rent. Once you have qualified for Section 8, you have the option to use your voucher across the country. However, receiving eligibility for Section 8 does not guarantee you will get a low income apartment in any area. Depending on the demand in a given area, you may be put on a wait list.

Review the income guidelines for getting a low income apartment

Low income housing rent is based on total annual income. Each year you rent a low income apartment, you must provide a W-2, a social security statement, and tax refund information. If applicable, you must also provide information about child support, alimony, children’s income, and monetary gifts. Depending on the income guidelines for a given year, your rent may increase or decrease. If you no longer qualify for low income housing, you will have to find a new place to live. Regardless of the amount of rent that you pay, you must make your payments each month or you may face eviction.

Be prepared to look at many options to find a low income apartment

In many urban areas, low income housing is at a premium. You will get a low income apartment more easily by looking in more affordable areas, rather than popular areas. For example, Manhattan is likely to have a long waiting list,while some of the outer boroughs of New York may have more options. You will also have a lot more choices and may be able to save money by relocating entirely. The South and the Midwest areas of the United States offer the most affordable housing prices.
Let everyone know that you are looking for a low income apartment

Using basic networking skills can go a long way toward finding a low income apartment quickly. When the right apartment opens up, you will be able to save time and money by securing it right away. You never know when a friend, family member, or co-worker will have a unit open up in his building that the landlord hasn’t even listed yet. The more people you tell, the more likely it is that you will hear about these opportunities.

Assertive Management Group is a part of Hope Housing Foundation (HOPE), a nonprofit corporation based in McKinney, Texas. We are focused around creating and preserving high quality and affordable workforce housing for individuals, couples, families, and seniors in low and moderate income brackets. We are also committed to bettering the community that we serve. We are involved in a number of resident services, community development programs, and educational scholarship programs. To learn more about our mission and services, call (214) 842-8383 or Contact Us by email for more information.