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Public housing provides affordable rental units to low income households. A rental subsidy is provided to designated multifamily housing units. The tenants of the housing complex pay 30 percent of their income towards rent. HUD pays the remaining portion of the rent. To apply for public housing ...
” said Jed Kolko, chief economist for listing serviceTrulia. “The housing market is still struggling in many parts of the country, so this is not a problem that’s been solved.” The administration’s flagship relief program, the Home Affordable Modification...
It's important to note that the HUD public housing program has income qualifications. This is where many people get confused. They assume that they can't purchase a HUD home if they make more than the maximum limit for the housing program; that's not the case. They're two different prog...