California Department of Housing and Urban Development

The California Department of Housing & Urban Development (HUD) is part of the California Business, Consumer Services and Housing Agency. Besides the benefits offered by the Department of Housing and Urban Development, this department has the role of creating building policies, developing housing codes, regulating manufactured homes, regulating mobile home parks, dealing with economic development and administering community development programs. HUD has home renting benefits and home buying benefits for low-income families, first-time buyers and other qualified residents. HUD offers reduced rent and financing options as dedication to improving the quality of life for families throughout California.

 

Homeownership Assistance

Just one of the benefits offered by the Department of Housing and Urban Development, homeownership assistance is available throughout California. Home buying benefits include educational classes for first-time buyers, low-interest mortgages and services to help retain possession of housing property. California HUD offers many home buying benefits including the following programs:

  1. Buying a home: Low-income families can find many home buying benefits within this program, such as learning how to buy a home through traditional avenues. Other home buying benefits include providing financing to make it easier for low-income families to purchase their first home. To be eligible you must meet the following requirements:
  • You must be able to provide a minimum percent of cost for a down payment
  • You must be either a first-time buyer or have not owned a home within the past few years
  • You must be able to qualify with a mortgage company or bank for a primary loan
  • You must meet the mandatory annual income requirements
  • You must take and complete a HUD homebuyer education course

To take advantage of home buying benefits, once you have met the FHA loan requirements, you must look for a home that is also eligible. The home must meet a number of stipulations. Firstly, your prospective home must be an existing or a newly constructed family home at a cost less than HUD’s maximum sales price limits. Secondly, it must be located in a city or county that has funding available for the homebuyer assistance program. Thirdly, the home must either be occupied by the owner or have been vacant for a minimum of the previous three months. Finally, the house must pass a HUD health and safety inspection.

  1. Building a home: Another of the benefits offered by the Department of Housing and Urban Development aimed at helping low-income families, is the opportunity to build a home. For this home buying benefit, you must have:
  • A good credit status (you may still be eligible even if you have no credit)
  • A stable income from regular employment and other income sources
  • An income that does not exceed HUD eligibility standards
  • Ability to meet the HUD labor requirements
  • Permanent resident status or be a U.S. citizen

Qualifying this home buying benefit will give you a number of advantages, one of the main ones being that you and your family will have a new, energy-efficient home with a low down payment and no closing costs included in your mortgage. Your monthly mortgage payment, based on your household income, will possibly be lower than what you would pay for rent. You will also have the advantage of low-interest rates.

To learn more about the California Department of Housing & Urban Development, download our comprehensive guide.

Section 8 Housing

Section 8 of the Housing Act of 1937 is a home renting benefit that authorizes the payment of money to assist with rent to a private landlord. Part of this home renting benefit is the Housing Choice Voucher Program, which allows tenant-based financial assistance so that a renter may move from a rental unit of minimum housing quality to another of the same or better quality. To be eligible for Section 8, you must be a low-income household, elderly or disabled.

This home renting benefit has numerous advantages. Firstly, it allows you quality, affordable living, even if your income is low. It also ensures that the rental home is inspected and meets California’s HUD safety and sanitation codes. Affordable housing is suitable for the elderly, the disabled and families with children. Rent is based on the size of the home you need and your income.

Section 8 home rental benefits mandate that you stay in the home for a period of at least one year. After this time, your lease will renew automatically unless you or the unit owner provided written notice that you no longer wish to renew. Such notice must be given in advance. If and when you decide to move home, you must give a of 30-day notice (minimum) and sign a Notice to Vacate.

California home renting benefits also extend to project-based Section 8. This is another government-funded program that helps low-income households rent privately owned rental units. In this case, the rent subsidy remains with the building; and when the tenant moves out he or she no longer retains the rental assistance. To qualify for this program, you must meet the Department of Housing and Urban Development’s required income limits.

To learn more about the California Department of Housing & Urban Development, download our comprehensive guide.


What Housing Help Can I Get Through HUD?

California residents can receive various types of housing assistance, from federal housing aid to home loans and more. Additionally, the Department of Housing and Urban Development offers CA residents counseling services, which cover how to avoid foreclosure, how to buy a home and how to rent a living space, to name only a few topics. Find out everything you need to know about housing assistance programs in California by downloading our comprehensive HUD guide.


Who Is Eligible to Receive Housing Help in California?

In order to receive housing help from the state of California, you typically need to meet the income requirements of the specific assistance program you are applying for. These necessary qualifications often refer to the income of the household, based on the number of members. Find out if you and your household are eligible for housing assistance here.