I need some advise
2007-03-01 14:09:11 · 5 answers · asked by freddieboy123 1 in Business & Finance ➔ Careers & Employment
Okay, I saw on your other posting that you're currently living in tax credit housing, correct? I'm LIHTC certified by Spectrum. When I had to certify and re-certify people, it was for an assited living, so income never really went up, but we still had to learn it anyway. Tax credit is based on a few things:
Type of property:
40/60 or 20/50. In the first, at least 40% of the people have to be at or below 60% of the area median gross income. In the second, at least 20 percent of the people have to be at or below 50% of the area median gross income. Meaning that depending on the type of housing, you would need to make 50 to 60 percent less than the average person in your area.
Location of the Property
As I've mentioned, your eligibility for housing depends on the area in which you live. Depending on if you live in Podunk, IA and the area median gross income is $26,000 per year or in Boston MA where it is $45,000, this can be a big difference.
Size of the apartement
A smaller apartment dictates less rent. Perhaps they have a bigger apartment whose income limits are not so strict?
There are certain thresholds and allowances that a tax credit property HAS to legally make in order to stay in operation. I note that you have stated they've asked you to leave, rather than they are making you. See if you can play this to your advantage. For example, they mentioned at training that besides having high income, students are not allowed in tax credit housing, and if they're found the property can be held in non-compliance. One property had to basically pay a woman who became a student after she signed the lease to leave.
Since I don't know your income or where you live, I can't tell you if their income limits are legit or if they're just trying to make you leave for another reason, but you do have some recourse, especially if you live in a state monitored by the state agency "Spectrum" (see website below). Even if not, give them a call, explain your situation and where you live, and see if they can give you income limits for the state. Their number is (207) 767-8000. Good luck!
2007-03-02 01:17:31 · answer #1 · answered by FMB 2 · 0⤊ 0⤋
Section 8 or any low income housing is for people who need it most. If you're in a situation where you're making more and more money, then it's probably time for you to move. About 1/3 of your gross income should go towards housing.
2007-03-01 22:34:05 · answer #2 · answered by annazzz1966 6 · 0⤊ 0⤋
I really think if you are uncomfortable there to start with you should find a cooler an more cofortable crib(or home) where people are less rude and stuck up.LOL (please don't tell UR manager i said that, i might live in the same apt.)
2007-03-01 22:18:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
only way this is possible is if it is section 8 housing. If so you have to prove that you don;t make what they think. Otherwise yes they can remove you since you can afford non section 8 housing.
2007-03-01 22:13:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Is it subsidized housing?
Do you have a lease?
Contact your local tenant resource center.
2007-03-01 22:14:13 · answer #5 · answered by Vegan 7 · 0⤊ 0⤋