Looking for the best housing for single moms? Then you’ve come to the right place! Being a single parent is stressful especially when you have to budget from one paycheck and make it last the month for you and your children. Having support is crucial when raising children and that’s something single parents don’t get enough of.
There’s nothing better for a parent than knowing their children have a roof over their head, a warm sanctuary to play in and come back from a long day at nursery or school. When that isn’t possibility because of financial reasons that puts a lot of unneeded stress on both parent and child.
There’s nothing wrong with needed a little extra help when searching for and buying a home for yourself and your children, in fact there are plenty of organizations and charities that can help you do just that and at the end of the day the result will be worthwhile.
While it’s true that lower income areas tend to be prone to crime there are ways to avoid this and find an area that is economic but also safe for your family. Be sure to do your due diligence before accepting a property.
Check the local crime rates online by searching the police stats database for the area and locations nearby, take a look at local news, check if there are any well rated schools nearby and local parks and other activities nearby.
The first option available to you as a single parent is government assistance. If your paycheck can only cover half of the rent then doesn’t worry there are plenty of options available to you.
This is the most popular option as well as the most accessible but most programs work on a first come first served waiting list arrangement so get in as soon as possible.
The go to option for government assistance in the US is The US department of Housing and Urban Development or HUB for short. Check out the government website for more information on partial rent support programs.
The next type of assistance for single parents is private assistance, if you don’t meet the government’s requirements or they cannot help you for any other reason private assistance may be ideal for you.
Enquire with local churches and charities like the Salvation Army or American Red Cross. Ask family and friends for transient housing while you search for further assistance.
Lastly for those looking to buy or mortgage a home but are on a low income there are homebuyer programs out there to aid you.
FHA loans are the most popular in this category thanks to the low upfront costs, as low as 3.5% in some cases depending on your credit rating compared to over five times more require with other companies. Check out the government portal site from HUD to get more information on how to apply for one of these loans and the costs involved.
This idea should be used like a springboard for finding your eventual permanent property, a place you and your family can call home!