Housing is an essential need for every human being. However, a lot of individuals and families in America cannot afford it. In fact, housing can still be expensive for those who can afford it. Thankfully, the federal government is aware of the difficulties people may face. For this reason, the US Department of Housing and...Read More

The general idea behind the Rent-to-Own program really is in the name. You basically rent a place until you buy it one day. So, the way it works is through a rental lease that gives you the option to buy the house eventually. Typically, these lease agreements specify that the tenant buys the house by...Read More

In many scenarios, low-income people struggle to afford housing on their own. This is where the government enters the picture. Voucher programs are especially popular; they appear to make a significant difference. However, they can be a bit hard to understand. That is why this article aims to break them down for you! 3 Types...Read More

With the Section 8 Program, you will find that there are four main eligibility requirements that define whether you qualify for financial assistance or not. It’s important to keep in mind that even though the specifics will vary by area, these four requirements will be what is considered when determining eligibility. The four main requirements...Read More

A down payment refers to a sum of funds that a homebuyer needs to pay in the first stages of buying a home. It is not a part of the overall mortgage and home buyers provide it upfront. It represents the amount of equity you will have in your new house.  However, it can be...Read More

Paying for housing expenses can be overwhelming for many people. This is why the federal government provides a wide range of housing assistance programs. In this article, you can find some interesting information about some popular housing assistance options in the US. The following housing assistance programs are administered by the federal government, although they...Read More

Struggling with housing expenses? No worries! There are various federal government housing assistance programs that can help you get out of that tight spot. This article will provide you with information on some federally supported housing aid programs. We will also explain how you can benefit from these programs and how to apply. Public Housing...Read More

Many people have a very hard time keeping up with the cost of housing. In fact, the United States Department of Housing and Urban Development (HUD) says that affordable housing costs no more than 30% of a household’s income. When households find themselves paying more than that, they are considered cost-burdened (according to HUD). That...Read More

Housing is an expense that many people struggle with. In fact, the United States Department of Housing and Urban Development (HUD) defines affordable housing as being no more than 30% of a person’s income. If a household puts more than 30% of their income towards housing then they can be considered cost-burdened. If you are...Read More