From finding an affordable dwelling to creating a budget that just makes 'cents,' you can find more advice about finance on our blog…
Rental applications can be rejected for a number of reasons. The two most common are if you don’t make at least three times the month rent, or if you have a less than stellar rental history. However depending on the reason, you can try to appeal the landlord’s decision with an appeal letter. Let’s take a look at what you should include.
Affordable housing means that, after paying rent, you should still have enough money for necessities like food, health care, and transportation. Cost-burdened renters may be eligible for a variety of affordable housing programs provided by the government. The terms surrounding affordable housing and how it is determined can be confusing, so let’s review how the process works.
Reducing your carbon footprint and being environmentally conscious are noble endeavors, but did you know that choosing a green apartment building could also reduce your overall cost of living? Find out more about green building trends, how you can find an environmentally friendly apartment and ways to save money by reducing your carbon footprint.
Proof of income involves verifiable documents that confirm your income is equal to or more than the amount required by your landlord. For some people, providing proof of income documents is very cut and dry, but not everyone works a traditional job. Just because you’re self-employed, retired, or currently unemployed doesn’t mean you can’t rent. On our blog we share some ways just about every renter can prove their income and be on their way to getting approved for a new apartment.
Section 42 housing sets aside a certain number of units in an apartment community for those earning less than 40-50 percent of the area’s median income. If that sounds like you, you can apply directly to a community that qualifies for Low-Income Housing Tax Credit (LIHTC). Here is some more information on who is eligible for Section 42 housing and how LIHTC rent is calculated.