As very low income housing, the 30% AMI units where the city gives tax breaks to housing developers if they build units that rent to people that make under $22,000 annual income or 30% of the AMI require a 750 credit score and my credit score is only 724, then I have to get it up 26 points so I can qualify for very low income housing.
I have good credit a 100% payment history on my report and my credit is too bad for very low income housing units. I'm about to just get a mortgage and buy a house instead.
Now since I was denied for very low income housing based on credit for having good instead of excellent credit, I have to wait for 3 more years up a waitlist.
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If you can't even rent, I doubt you could buy.
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I am renting, I've made over 100% of my rent payments.
It's just landlords are too darn selective and I'm sure there are low interest loans that help people with disabilities buy a house. My credit score is high enough to qualify, and buy a house.
Not high enough to rent a very low income apartment.
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You would need to talk with a mortgage broker about that. Even with subsidies, it can be hard to find a house in your price range that isn't a shithole.
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Yeah, but probably easier to buy a house then wait up another 3 year waitlist and rent a very low income apartment.
Cheaper too even if it's a shithole the mortagage will be less than rent.
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Yeah how dare those landlords be weary of renting to someone with no real income lmao
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