Thousands may line up for low-cost housingThe Sunnyvale Real Estate low income housing is a must for anyone who can qualify. Santa Clara County also has low-cost housing throughout the valley. If you or someone you know, can't see how you can afford a home in the Silicon Valley real estate market. You must see if you qualify for this fantastic program to buy a home in this otherwise crazy real estate boom.
Like water in a pinched hose, the demand for Section 8 affordable-housing vouchers has been building in Santa Clara County for almost seven years.
On March 31, the Santa Clara County Housing Authority will announce when and where people can apply to get on the waiting list for the vouchers. Many agencies in the South Bay predict that tens of thousands of residents will flood the housing authority website and an unknown office location in an attempt to get on the waiting list as soon as the announcement is made.
The final location and time is a closely guarded secret to prevent people from camping out in front of the location. The county will accept applications for only five days, and a lottery will determine the order of the waiting list for new applicants.
To qualify for Section 8, an applicant's income cannot exceed 50 percent of the area's median income, and 75 percent of the available vouchers must go to people who make less than 30 percent. According to the housing authority, 50 percent of the median income is approximately $37,150 for a single person, $47,750 for a family of three.
For more information, or for final dates and times from the Santa Clara County Housing Authority, located at 505 W. Julian St. in San Jose, visit www.hacsc.org or call 408.275.8770.For the Complete Article: Click Here