Sustaining a family home at the best of times is really complicated, but when you are a single mom, this procedure turns out to be much harder. As the government has recognized this matter, a variety of federal support programs is available with a view to helping single moms, in the form of housing assistance. This article will present here two instances of housing grants for single moms.


The Public Housing Agency (PHA) Housing Choice Voucher


This is a scheme set up through the government’s Housing and Urban Development (HUD) department, and aims to aid low income families. This is done by helping to look for a home that suits your particular requirements, and then a percentage of your rent is then paid direct to your landlord, easing the monthly burden of your rent. This voucher can also be used towards the purchase of your home as well, provided that the house is deemed to be realistic and suited to your needs.


There are specified requirements that need to be met to qualify for these vouchers, and contain these terms:


* You must be a U.S. Citizen or an eligible immigrant


* Your family income must be below the Median income of your area (or area you wish to move to). These figures can be received from HUD.


* You must allow access to your banks, employers and agencies, for adequate assessment.


* Also, the HUD for your area must have met it’s legal targets, the primary one being that 75% of it’s funds are to go to families with incomes of 30% of the area’s median income.


To obtain your eligibility and apply, you should contact your local PHA (Public Housing Agency)


The American Dream Down payment Initiative (ADDI)


When looking for grants for single moms, this system is often thought-about, although not designed principally for single moms, but for low income families, so often single mothers can meet the criteria. The ADDI grant is obtainable only to first time homebuyers, and can provide the following help:


* Up to $ 10,000, or 6% of the purchase price of the house (whichever is larger)


* Financial assistance for closing costs


* Financial support for rehabilitation (eg proper removal of health risks)


Like the previous grant, you must meet certain parameters to qualify, and these include:


* Be a first time home buyer


* Be looking to buy a family home (as opposed to a one bedroom flat, for instance)


* Have an income of below 80% of the area median wage (details can be obtained from your HUD)


There is more financial help for single moms available, but these two are a good starting point, and an suggestion as to who can qualify. Contact your local HUD for more information, or visit our website.


For more information on single parent grants, please visit our website about single mothers grants.

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