HUD’s Resource Locator –Use this to find affordable housing, a HUD office, your local Public Housing Authority, Homeless Resources, Affordable Elderly & Special Needs Housing, etc:
Low Income Housing Tax Credit: Buildings that have received LIHTC financing must provide affordable rents to tenants who qualify based on income guidelines.
Subsidized Housing Unit: A subsidized housing unit is one in which a tenant pays approximately 30% their adjusted income on rent and utilities. The management agent and/or the Public Housing Authority (PHA) calculate the tenant’s rent amount. HUD then pays the difference between the tenants rent contribution and the total rent that is paid to the building owner.
Project-Based Assistance: Project-based assistance is rental assistance that is located at a housing unit or complex. Generally, the subsidized/assisted rent is tied to that particular building.
USDA Rural Housing: As part of U.S. Department of Agriculture (USDA), there are affordable housing facilities that are available to individuals in need of safe and affordable housing.
*This is not a comprehensive listed and does not include every source of available assistance for Town residents. To add to or amend this list, make a request to planning@fuquay-varina.org.