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Where to Find Affordable Housing for Rent in San Fernando Valley

September 5, 2018 Janil LAPMG

Where to Find Affordable Housing for Rent in San Fernando Valley

Where to Find Affordable Housing for Rent in San Fernando Valley

Let’s face it, there is always an up-time, and a down-time in everybody’s life. You can’t control that but there are some things that is within your hands. If you’re a student, or unfortunately lost your job, or for some reason can’t afford housing anymore, then the first thing that you need to cut down is your rental expense. Move out. But where do you go from there? It’s one of the most feared questions among adults as well as youngsters. Fear not my friend, finding affordable housing for rent is not as difficult as it may sound. In San Fernando Valley, it’s easy to if you know how.

Affordable Housing

First off, affordable housing is an issue in the United States that even the government realizes is a massive problem. The high rent combined with living expenses sometime become too much for the working class to cope up with. For this reason, the government has rolled out affordable housing schemes for each state to assist this group of marginalized individuals. In San Fernando Valley it lies in the domain of Los Angeles County. You are entitled to rental assistance and tax credit, if your income falls under certain median groups. To find out, log on to affordablehousingonline.com and search by area, income group and person per unit. Match it with your own requirements, and connect with them. They even have a waiting list but that’s going to be a while so choose your options wisely.

Low Income Apartments for Rent

If you have a small family then low income apartments are the ideal solution. This also goes well with students who want to pool in and share the rental expense by renting one apartment for 2-3 people. Regardless of your arrangement, low income apartments in San Fernando Valley is affordable. Just do a quick Google or search on affordablehousingonline.com, you’ll find many for just under $1000 in the area of Variel Avenue, Van Nuys Boulevard, and Chatsworth Street etc. These are apartments which have been subsidized by the government, offers tax credits and designed for low-income family.

Rental Housing for Seniors by Owner

We bet your whole life you’ve been dreading getting old and being broke. Well, what do you know, it’s not that bad if you’re a senior and can still afford some rent. The government has launched Section 202 which aims to support seniors through affordable housing. They do so by giving you tax credits so you don’t have to pay the fair market rent.

Now, all you have to do is go to your local government and ask them how to participate in the program. These communities provide rental units which are cheaper than the fair market rent so that you only pay 30 percent of your income on rent. Getting old has never been better!

Detached Guest Houses for Rent

Your dream of living in Hollywood doesn’t have to break the bank. Actually, it’s very much doable. You must have seen those big houses in San Fernando Valley, and wondered if you’ll ever set foot in them. Well here’s your chance. Many of them have detached guest houses which often don’t get used, so the owners put them on rent. If you’re a bachelor or a couple who’s looking for affordable housing with style this is your big chance. Mind you, these detached guest houses aren’t that cheap though, starting from $1300. But hey, what’s a bit of more of rent compared to the luxury you’ll have of living in a detached house?

Now that you know how to, we hope we’ve eased your worries a little bit. And if all else fail, you can move in with your family, share rooms, go to a dorm, for a little while until you’re back on your feet. Just remember, affordable housing in San Fernando Valley is not only your issue, but everybody else’s as well, so don’t be afraid to reach out to a real estate agent for help.

 

Author

  • Janil LAPMG

    View all posts

Filed Under: Commercial Properties, Latest News, Property Management Education, Property Management FAQ, Residential Properties Tagged With: property management group, property management san fernando valley

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