Goes without saying, single mothers are usually loaded with financial troubles. After all, life can get difficult while trying to manage things singlehandedly. Things can get more challenging, when one doesn’t have a decent roof on the top. Home ownership will not only invite a feeling of security, but it will also allow a single mother to raise her child well. Fortunately, the government has launched numerous programs that are focused towards single mothers housing.
In fact, government housing programs for single mothers have proved to be a blessing for loads of single moms out there. As a single mother, what you should know over here is that most of the programs experience a change from time to time. So, you need to research well to ensure that you are able to procure a good shelter for yourself and your family members. Let’s have a look at some popular government housing programs for single mothers.
United States Department of Housing and Urban Development (HUD) beats almost every other program, when it comes to assisting people with their housing needs. It has been the ultimate prayer for tons of single mothers over the years. HUD provides housing grants to needy single mothers whose household earnings are very low. The grant money offered over here depends hugely upon the family’s income.
The Housing Choice Voucher Program is another great resource through which single mothers can realize their dream of home ownership. Under this program, the government agrees to pay a certain amount of money to the landlord who agrees to offer homes to single moms and their children for stay. This enables single moms find an easy shelter, irrespective of their household income or the ability to pay the rent.
The HOME program has also garnered widespread attention in recent times amongst single moms. Under the HOME housing scheme, single moms are offered down payment amount so that they are able to purchase a home. To qualify for the HOME program, single mom’s income should fit into the low income category specified under this program.
Although one of these government housing programs may help you own a house, it’s important that you try to become self-dependent as well. After all, you can’t hope to rely on the government for all your needs. It’s must that you try to get over the storms by yourself to better your life and to set a good example for your kids.