Google Grants Help Low Income People To Pay Home Rental Bills-Section 8 Housing Voucher
Do grants covering your house rent always work? Is Section 8 housing voucher a boon? It is effective for low-income families in need of affordable rented properties.
But, in the suburbs of pricey Bay Area, it seems different. The voucher draws woes for them. If you live in the Bay Area, you know your struggles.
The rental market of the Bay Area is hyper-competitive. With a subsidized rental voucher, you have to spend years on the waitlist only. And when your turn arrives, it is like making a dream come true. But, it unfolds its harsh reality when you use it.
Woes with Section 8 Housing Voucher
The reality is the landlords do not often accept these vouchers. So, when they refuse, you fail to use the subsidized grant amount on renting. It is a growing concern for every low-income family. And for this, needy low-income families cannot find an affordable rental space for them.
However, this reluctant behavior of landlords is now going to change. The Assembly Judiciary Committee will table Senate Bill 329. This bill urges the legislature to change this pattern.
Senate Bill 329
This bill aims to prohibit landlords from acting against the Section 8 housing vouchers. Further, they must accept prospective tenants with the subsidized grant benefits. Alongside, the bill has a valid purpose. It aims at reinstating low-income families in their birthplace.
Simultaneously, the government wants to reduce homelessness in the area. That’s why; the use of section 8 housing voucher would serve that purpose.
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The proposed SB329 would help low-income families find an appropriate rental space. Now, it is time to wait for the green signal only. If the bill gets passed, your housing sufferings would diminish.
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About Section 8 Housing Voucher
This grant program is under HUD. Simultaneously, it belongs to the Federal Housing Choice Voucher Program. Therefore, the program gives subsidized grants to low-income tenants. It is useful only when you can use it. Well, there is a selection process for this voucher too. To be eligible, you must earn less than 50% of the median income of your area.
But, achieving a voucher does not help alone. There is a serious shortage of affordable housing. So, this bill could help you with better housing in the future.
On a different note, the housing crisis for low-income families will be over to some extent. There is a huge scope for low-income families in the Bay Area. But How?
Google has committed $1 billion for new affordable housing properties in the Bay Area. What does this mean for you?
Google’s New Grant Support For Bay Area Residents
Currently in 2022, more than 7,000 people do not possess any house in the Bay Area. Amidst this, Google has worsened the situation of poorer residents in the area. So, this has brought criticism to them. To reshape their image, they have announced housing grants worth of $1billion. With the proposed grant money, about 20,000 homes would come over the decade. Therefore, these housing properties would help those homeless residents in the Bay Area.
Google admits that the lack of supply and rising living costs add to the housing crisis in the area. Being the largest employer of the region, the technology conglomerate wants to develop new properties for middle and low-income residents.
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Besides, Google would repurpose its zoned land to build around 15,000 new housing units. These housing units would offer rental or permanent housing support for middle-class families too. With this, Google sees to put an end to the ongoing chronic shortage of housing for low-income residents.
Besides, Google would help developers with incentives worth $250 billion for the development of at least 5,000 affordable properties. Alongside, they want to give $50 million grants to reduce homelessness and displacements in the area.
Let’s hope we can all thrive in the area through a better disposition of homelessness and rental crisis.
Visit- https://homepropertygrants.com/
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