There is currently no rent freeze or moratorium on rent in California. So if you can’t pay, some action is likely required on your part. Partial payment of rent does not prevent you from being evicted unless you get a written agreement from your landlord or property manager. State and local eviction moratoriums do not prevent rent from beingContinue reading
There is an argument that when the tax payers bailed out the banks and mortgage industries without our dollars that the foreclosed and vacant homes held by those companies then became publically owned and could and should be seen as “public housing” for the homeless and low-income. A Group in Madison Wisconsin is taking that stance and movingContinue reading “Did the bank bail out make federal housing?”
California In California, the Fair Market Rent (FMR) for a two-bedroom apartment is $1,327. In order to afford this level of rent and utilities, without paying more than 30% of income on housing, a household must earn $4,423 monthly or $53,079 annually. Assuming a 40-hour work week, 52 weeks per year, this level of incomeContinue reading “Housing Wage – how much you need to earn to live in California”
FY 2009 Income Limits Summary Los Angeles County, California FY 2009 Income Limit Area Median Income FY 2009 Income Limit Category 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person Los Angeles County $62,100 Very Low (50%) Income Limits $27,750 $31,700 $35,700 $39,650 $42,800 $46,000 $49,150 $52,350 ExtremelyContinue reading “HUD Income and rent guidelines”
Try this tool to discover your ideal rent amount and where to find housing.
Do not be so happy to have found a place that you can afford to rent that you forget basic rules of renting. #1. GET IT IN WRITING #2. BE EDUCATED ABOUT YOUR RIGHTS #3. TAKE CARE OF IT #4. ACT IN GOOD FAITH #5. KNOW WHERE TO GO FOR HELP This morning a clientContinue reading “Homeless to Housed- beware”
60 days notice required to raise your rent 10% or more in CA