Public housing developments, mixed income developments and land contracts are housing alternatives available to those on the Section 8 waiting list. These options for low-income families are made available through local municipalities, nonprofit organizations and the federal government.
Public housing developments are high- and low-rise apartment buildings provided by the federal government. Eligible residents must be U.S. citizens and meet certain income requirements.
Mixed Income developments, typically funded by public and government programs and nonprofit agencies, offer housing to people from diverse economic backgrounds.
Land contracts, which are legal agreements between buyers and sellers, do not require mortgages or hefty down payments. A land contract is like a mortgage, but the buyer makes payments to the owner toward an eventual full purchase of the home instead of securing a loan from a bank.