Senior citizens are eligible for an extra "elderly" deduction or allowance under Department of Housing and Urban Development rules when they rent HUD-subsidized apartments. The deduction applies if either the head of the household, or the spouse thereof, is 62 or older. It changes the subsidy l...
according to HUD. TheHousing Choice Voucher Programis also known asSection 8. This program gives tenants vouchers for use on privately owned rental housing. The local public housing authority pays a portion of the tenant's rent directly to the landlord. Tenants generally pay no more than 30 p...
The Federal Housing Administration (FHA) is a division of the Housing and Urban Development that provides loan insurance to families or individuals seeking a mortgage loan. An FHA backed loan allows the borrower, who may not qualify for a traditional mortgage, to obtain a loan through an approve...