Hud consolidating home ownership centers
Contact the individual housing community you are interested in. Preferences for admission include those currently paying 50% of their income in rent; the involuntarily displaced; and those living in substandard housing.
This program, started in 1978, provides funds to Section 202 housing communities to “help frail and persons with disabilities avoid premature or unnecessary institutionalization.” This limited but valuable program provides funding to 51 public housing agencies and private assisted housing owners.
These vouchers are linked to specific properties run by local Public Housing Agencies (PHAs). Families or individuals who meet the extremely low-income requirements (30% of the area’s median), and very low income (50% of area median) based on total gross income.
And we’ll look at how to qualify, and how to search for HUD-sponsored housing in your area.
The Housing Choice Voucher Program (HCVP) provides rent vouchers for housing in the private market to low income individuals, families, the elderly and the disabled.
Asking yourself the important questions is a great place to start.
It may be years after you retiree that you need to make a major living change.