Many Americans understand how difficult it can be to pay for basic necessities and may wonder if low income housing apartment rentals can help. Renters who earn at or below 30% of their area’s median income often do not have the living conditions that they need. The shortage of low income housing in the country is more than three million units. However, there are a number of apartment rental programs and initiatives intended to close this gap.
Housing grants exist for single mothers and their families because they often need financial assistance to care for their loved ones. When a family only relies on one income, it can be difficult to cover basic living expenses. Housing grants for single mothers and other types of assistance for single parents help families live under one roof, while lowering monthly payments. Staying current on rent or a mortgage also allows single mothers to avoid serious financial issues. There are many programs that can help single parents, including Bridge of Hope, housing choice vouchers, and the first time homebuyer tax credit.