Keeping a roof over your kids’ heads is extremely tough as a single mother. The impossible
juggling act never ends – you’re expected to pay all of the bills, provide the sole love and
unconditional support for your children, arrange all childcare, and keep a clean, safe place for
your whole family to dwell. It’sa little more than exhausting. It is no wonder one of the most
common things that single mothers want information about is housing support. Housing
support, for single mothers, is arguably the most important duty. You
must give your kids a safe place to live, and there’s no exception to this rule.
However, the sad truth is that this is also one of the most struggled with life challenges for
single moms today. If they are renting, then they are having trouble keeping up with their monthly
rental payments. If they are homeowners, they’re falling behind on their mortgages. Luckily, there
are ways to remedy both of these problems quite easily. The worst thing that you can do is nothing.
You must take action in order to get your housing situation under control and provide much-needed
stability in your kids’ lives.
Government Housing Assistance for Homeowners
The Obama Administration implemented the
Making Home Affordable (MHA) initiative, and its aim is to give struggling homeowners a hand –
especially single mother housing assistance. The program provided many
different types of mortgage help options, such as:
- Mortgage modification
- Refinancingoptions
- Reducing your interest rate
- Deferring payments
- Transition from your home to avoiding foreclosure
This government housing assistance program has been very successful, and many
people have been able to keep their homes under this unique initiative. The housing market is still
very bad, so now is the best time for you to get help paying your mortgage. You have two factors
working in your favor. First, your status as a single mother will give you greater pull with your lending
institution.Second, you will simply be considered “one of the casualties” of this economic
climate.
Government Housing Assistance for Single Moms Who Rent
If you visit your local Public
Housing Agency (PHA), you can find great options for rental assistance. Everyone has an office
in his or her area, and making an appointment with a caseworker is just a phone call away.
This agency can help you to get the assistance you need to take care of your rental payments,
and it also offers help with other related housing bills in the form of grants as well.
If you’resitting there and wondering how much assistance you can possibly get, your answer will
depend mainly on your primary income. If you are the sole breadwinner and you qualify, no more than
30% of your income must go towards paying your rent. This means that although you will still be
responsible for paying a portion for your rent each month, the
government will pick up the tab for the remaining portion until you get a better paying
position in your place of employment.
