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Affordable Rent in Nice Apartments That Most People Don't Know About

Learn the secret of affordable rental units in nice areas that only people in-the-know know about and why you should take advantage and learn this FREE information to get you on your way to living in a nice affordable place.


Before we start this article, let's dance!


People dancing
People who can't contain their excitement

Why?


Because it's fun.


And you need to get that blood flowing.


And because you would too if you knew what we know and have done ourselves and have enjoyed the benefits thereof.


So grab your fun self as you scroll through the wonders of amazing free valuable information.


Why Pay High Rents When You Don't Have To?

There are so many good resources out there but people fail to take advantage of them because of lack of knowledge

I know it's a pain in the rear end to have to search for information when you don't even know where to start.


How do you know to look for something when you don't even know it exists?


It's like going on Google and staring at the search bar saying, "What am I looking for? Google what should I look for?"


Out of curiosity I actually typed, "What should I look for?" on Google and it yielded, "What should I look for in a hand sanitizer?"


I think I might just read it. I feel like it could be a thrilling read.


I'll get back to writing this article once I'm done...


And I'm back. I learned to wash my hands. Good enough for me.


So back to learning valuable information. This is why we at Xynergystyx give you the information so you don't have to ask Google questions like I just asked.


So make sure to subscribe here so you don't miss anything. And in appreciate, we promise to send you a virtual hug...that you won't be able to feel, let alone be aware of.


Now before I proceed, a bit of a disclaimer:


Not everyone can avail of this.


I can picture all your sighs now.


Child sighing
I can see you sighing because it's on a gif represented by this kid

But no fret, the only ones who can't avail of this are the ones who make a lot of money.


And they wouldn't even be looking at this information because they don't need to.


Because they're busy drinking a $100 cup of Kopi Luwak coffee (look that up and see if you don't wince).


So there.


Happy?


Get in on the Program

There are programs that you need to take a part of because it does the wallet good.

I can't speak for other countries since I don't live there, but this is in particular for the US audience.


However, if you live in another country, please do try to find out if your country offers this because if they do, then go for it!


Keep scrolling for our lovely Canadian neighbors, and our several neighbors once removed in the UK and Australia because down below are the links for you.


Because we love you.


But mostly because we could find the info.


For the good ole US of A, The Department of Housing and Urban Development (HUD) have programs that assist individuals and families who otherwise can't afford to pay high rents to live in good housing affordably.


This is done normally through the local government level so it's a must to go through your county to get this information.


Of if you're in DC then that would be the Department of Housing and Community Development.



CANADA


Link 1


AUSTRALIA


Link 1


Link 2


UK


Link 1


Link 2



The Dwelling Units are Safe Havens to Live In

Depending on which program, area, and waiting list you put yourself on are the types of apartments you get

Most people would think that these apartments are rundown and you live in a neighborhood where you can't even walk down the street without having to duck and run.


Au contraire!


The apartments are nice! When I say nice, I mean when people come to your apartment they say things like...


Stunned silence.


There's nothing that they can say because their jaws have dropped.


Because let's just say some of the apartments look like this:



And you just smile because you know what's up.


What are Affordable Dwelling Units?

Affordable Dwelling Units (ADU) is an umbrella term applied to for-sale and for-rent homes that are locally restricted for occupancy by households whose income falls within a certain range - DHCD

How it works is that Builders or Developers are incentivized to set aside some apartment units as an affordable dwelling unit in exchange for zoning relief, tax incentives, public financing, and/or the right to purchase or lease a land with the state or local government.


HUD doesn't actually own the properties. It gives money to states and building owners, who in turn provide low-income housing opportunities.


How this benefits you is that instead of paying an apartment that could be $2,000 a month, it might just be a $1,000 a month.


The monthly rental really depends on the area, the apartment, and the program.


Because each county has their own set of guidelines, it's best to actually get information from them directly.


I find that it's much better to call or go to the local department of housing in person because navigating through any government website will make your eyeballs burn.


And just when you think you know English as an English native speaker...


You don't! Not on these government sites, you don't!


You'll start to question your language comprehension skills.


So just call them up or go in person if they permit it. And ask the questions.


What questions should I ask?


I like that you ask questions because this helps me from having writer's block.


QUESTIONS TO ASK:


  1. Do you have any set aside affordable rental programs?

  2. Do you have any housing assistance that I could take part in?

  3. What are your guidelines and criteria?

  4. Do you have a list of affordable dwelling units that I could contact so I can put my name on their list?

  5. Can I get on your list should you have an affordable dwelling unit that comes up?


But before you call and ask those questions, let's dive into a bit more information about HUD programs.


Man on the Phone
This Man Knows to Take Action

There are Three Types of Hud Programs

Hud has three main types of affordable rental housing. Knowing which one you are able to apply is key

The reason why you need to read up on these three types is because you may not qualify for some of the programs.


Because if you're not elderly or disabled, then that program isn't for you.


PRIVATELY-OWNED SUBSIDIZED HOUSING


This is where landlords are paid by the government to offer reduced rents to low-income tenants.


Normally, when you call your local housing authority they give you a list of apartments for the privately-owned subsidized housing.


You'll have to contact each property and ask if they have any affordable set-aside dwelling units left.


And if they don't, ask to be placed on their waiting list.


Some of these properties you'll be contacting could be newer buildings or about to open in a few months.


It's best to always get on all the waiting list.


Once you get called back or contacted back that you're eligible to apply, you'll still have to go through an application like a regular tenant, except you're paying much less.


The owner or building management or landlord will also have to check whether you fit the income guidelines.


Depending on where you live the maximum income could be $90,000 for an individual or $130,000 for a couple.


And make sure to read the maximum part.


This means you can't make any higher than that per year. You can make lower than that. But not higher than that.


They'll be checking your bank statements and 1099 income tax return just to make sure you don't make more than the guidelines.


Click here or the link above to search for an apartment and apply directly with the rental management office.


PUBLIC HOUSING


Provides affordable apartments for low-income families, people who are elderly, and people with disabilities.


You'll need to get in touch with your local Public Housing Agency. Link here.


Scroll down to where you see "HA Contact Information State (List)".


Click your state and click on "Go this page" or...


Scroll down some more and click on your state on the map.


HOUSING CHOICE VOUCHER PROGRAM


This is where you find a rental property yourself, and use the voucher to pay for all or part of the rent.


Directions for this is the same as the Public Housing one:


Scroll down to where you see "HA Contact Information State (List)".


Click your state and click on "Go this page" or...


Scroll down some more and click on your state on the map.


So what's the difference between Public Housing and the Housing Choice Voucher Program?


They're the same type of program which is for the extremely-low income family but with the Housing Choice Voucher Program you get to choose where you want to rent from.


Whereas the Public Housing you don't.


And the property is managed by the Housing Authority themselves.


HUD provides housing counselors so it's best to call to find your local housing counseling agency. And they can refer you to where you need to go.


This is their number: 1-800-569-4287


So Which Program is Best?

This really depends on your situation and what you are able to afford

I can't speak for the other two programs, but I have availed of the first which is the privately-owned subsidized housing.


Again, it depends on the area you live in because your rent and income could be much higher.


You have to know what you can afford.


Because even though it's subsidized and you fit the bill of making less than the maximum income, you still may not be able to afford it.


Let's say for example that the normal rent for the apartment you like is $2,000 and because it's subsidized you just have to pay $1,000. And the maximum income is $75,000


But you make only $30,000 a year, gross. Not net.


This means taxes and insurance and social security haven't been taken out yet.


Because once taxes are taken out and you have all these bills to pay and your baby mama to feed, you don't have enough to even pay $500 for monthly rent.


However, this shouldn't deter you.


Because, either you find a second job to be able to pay for that awesome apartment you really want to be in or,


You find another privately-owned subsidized apartment that has a lesser monthly rent.


Also remember, rent normally increases 5% per year. And there's the utility bills and other miscellaneous that may or may not be included in that rent.


So assess your financial situation wisely.


Another note: don't think that adding roommates is going to help you:


  1. You could be over the limit of the capacity of people in a program

  2. It could make the income over the limit of what the guidelines state

  3. You could have a huge headache with a roommate that could mess up your awesome apartment.




This process of getting a subsidized place is really quite simple.


It's just like getting a regular apartment. Only cheaper.


Well, you have to be on a waiting list.


But the best things come for those who wait.


Let us know how it works out and we'd love to see your new place!


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