Q:

What are the benefits of living in an income-based apartment?

A:

Quick Answer

The largest benefit of living in an income-based apartment is lower rent costs. Most low income apartments also offer tenants other protection benefits such as increased notice before eviction and grievance hearings before benefits can be terminated.

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Full Answer

There are also income-based apartments for a variety of situations including special needs families, domestic violence and the elderly. These situations may come with additional specific benefits. For instance, a housing situation designed for survivors of domestic violence will offer additional security and protection. Income-based apartments for the elderly or disabled will include wheelchair modifications like ramps and wider doorways.

Income-based apartments come with a variety of program rules designed to protect and maintain these living situations. The various subsidies that make income-based apartments affordable each have different rules attached. These rules include things such as reporting changes in family size and income as well as regular property inspections. Income-based apartments also commonly require various levels of tenant screenings for things such as credit and criminal history.

Other protection benefits associated w/ income-based apartments include good cause eviction protection that protects tenants from eviction for no good reason as well as from the landlord refusing to renew the lease without good cause.

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