Buying A Hud Home In Michigan

Buying A Hud Home In Michigan - March 12, 2021 | Adult Programs, Seniors, Community, Employee Spotlight, Featured, Matrix Mission, Mission Partners, News, The Matrix Center

Matrix Human Services has been assisting clients with home buying training and resources for years as part of our overall mission to provide assistance to those facing poverty and low income need. In May 2020, Matrix partnered with The Detroit Land Bank Authority (DLBA), Foreclosed Home Repurchase Program, making it possible for Mr. King (pictured above) to purchase the home he has lived in since years and wanted to own. . Our homebuyer seminar also offers a free 6-week course for interested homebuyers to learn more about the process and financial issues involved in buying a home.

Buying A Hud Home In Michigan

In June 2020, Matrix also received a grant from the United Way of Southeast Michigan - Emergency Food and Shelter Program to provide direct housing assistance to Detroit residents at risk of eviction and homelessness. This is especially important when the pandemic still leaves many people out of work and struggling to stay in their homes.

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Today, Matrix Human Services is excited to announce that our 115-year-old agency is now a certified local housing counseling agency with the Department of Housing and Urban Development (HUD). This will allow us to help metropolitan Detroit residents with housing resources and home buying opportunities through HUD and the Michigan State Housing Development Authority (MSHDA)!

Matrix Human Services' director of adult and senior programs, Mr. Gregory McPherson, was the man behind the effort, engaging numerous employees in his program to complete rigorous training and certification testing.

“I feel a great sense of accomplishment. We started researching what it would take to become a HUD approved housing counseling agency about 3 years ago. It's exciting to see it happen.” - Director of Adult and Senior Programs, Gregory McPherson

This Matrix designation will allow the customer to qualify for the MSDHA First Time Home Buyer Loan, which can total up to $10,000 for down payment and closing costs. Home ownership is a key factor in an individual's personal upward economic mobility.

After Years Of Waiting, Michigan Section 8 Renters Race To Find Housing

“I believe that home ownership in Detroit is a key aspect of community building. Matrix will now have a wealth of resources to help consumers become homeowners, avoid predatory lenders, improve their credit, manage their finances more effectively and connect them with affordable rental options when the purchase of housing is not the best option. Overall economic health.”

If you would like rental, mortgage or home ownership assistance, please contact the Assistant Director of Senior Programs, Ms. Call Cynthia Elmore-Lejeune ([email protected]) at 313-526-4000 Ext 1411 or visit https:// /programs/socialmobility/ Getting a Section 8 housing voucher can be difficult. But then Michigan renters face another challenge: finding a place to live. (Photo by Rose White | )

During that time, she became homeless — looking for shelter and sleeping on park benches — until a voucher put a roof over her head in 2017. But Aiello, 56, could lose the benefits if she doesn't secure a new home soon.

"I'm absolutely terrified that I'm going to be homeless or that my voucher is going to run out before I can find a place," she said.

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Getting Section 8 help can be challenging. But even when renters like Aiello secure vouchers, they face another hurdle: finding a place to live.

Voucher holders have 60 days to find housing if they don't get an extension before the aid ends.

"If you've talked to people who have gotten a voucher, really struggled with it, and at worst failed, I think that's a tragedy," said housing attorney Jim Schaafsma of the Michigan Poverty Law Program.

Section 8 is a federal program that provides project-based housing or vouchers to low-income families. About 2.3 million Americans—about 5 percent of all renters—receive Housing Choice Vouchers to rent from private landlords.

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Only households earning 50% of the area median income are eligible. Voucher holders then pay 30 percent to 40 percent of their monthly income toward rent, while the federal government pays the rest.

In Michigan, approximately 225,000 households rely on federal housing assistance, according to the nonpartisan Center on Budget and Policy Priorities, including 53,900 Housing Choice Vouchers.

This is one solution to more affordable housing, as nearly half of Michigan's renters are considered unaffordable.

But limited funding and long waiting lists mean Michiganders wait an average of 26 months to receive a voucher, the Center on Budget Policy and Priorities found. Then obstacles ranging from landlord resistance to high costs make renting more difficult.

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Venetia Brandt, deputy director of the Ann Arbor Housing Commission, says the problems have become "more acute" in recent months and appear to be growing after the eviction ban ended last year, she said in a written response. "It's also possible that recent home sales have increased the owner's taxes, which are then passed on to the renter."

In Michigan, median rents increased 10.5 percent, according to Rent.com, with cities like Ann Arbor and Grand Rapids topping $1,300 for one-bedroom apartments. Despite signs that rent increases in Michigan are stabilizing, they are still $140 higher than in 2021.

"The biggest barrier is that people have a hard time finding housing with vouchers because of the high rents," Skafsma said.

She hoped the $1,017 voucher, approved in August, would help her get out of the mobile home she's currently in — with its leaky roof, hole in the ceiling, plumbing problems and unstable floors. But daily calls to Port Huron homeowners turned up nowhere.

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"I'm trying to find units that are a better fit," Aiello said. “But if I had to choose between being homeless or living here, I would stay here and try to make things livable. I have had no luck finding anything in the price range in this area or landlords who have opened or are accepting Section 8."

First issued Aug. 8, the vouchers gave Aiello two months to find housing, but voucher holders can request an extension if they face a tight rental market or turbulent circumstances.

After two extensions, the December 5 deadline looms. Now Aiello, who worked as a cashier at McDonald's before she was injured on the job last year, hopes her current landlord will also accept Section 8 vouchers before they expire.

To reduce rising costs, USA Housing of Urban Development recently raised fair market rents in Michigan by 10.3%. This calculation of how much money is needed to cover rent and utilities at 40% of the rental housing determines the prices of the vouchers.

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Housing and Urban Development Secretary Marsha L. "One of the reasons housing voucher holders are unable to use these vouchers is that the value of their vouchers has not kept pace with rapid rent increases," Fudge said in a statement in September.

In the Kalamazoo area, fair market rent for a two-bedroom apartment increased 19 percent from $879 to $1,049 a month. And in Grand Rapids, Michigan, the second-largest metropolitan area, two-bedroom fair market rent rose 16 percent from $1,041 to $1,211.

Brand noted that there is less housing supply and fewer landlords accepting Section 8. "And a number of landlords have implemented measures such as establishing income requirements, requiring credit card only payment for various fees, establishing conditions for rent for less than 12 months (which allows the landlord to raise the rent more often),” she said.

Mason, 32, was on the waiting list for three years before receiving a $1,056 voucher in August. For the Grand Rapids woman, who now lives with her mother, it was a ticket to freedom and a "clear state of mind."

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But many apartment listings require Mason, on Social Security Disability, to have an income of two and a half to four times the rent. It also blocks her from applying for most units.

"It's a real depression," she said. "It makes you feel like you've been knocked down and can't get things done that need to be done because you've waited so long."

Michigan House Bill 4553 would prohibit discrimination based on source of income. This means that landlords will need to deduct the voucher from the monthly rent before calculating the income requirement.

"I understand from the homeowner's perspective, but I didn't realize how bad it was," Mason said. "I can understand how many people could end up homeless or in situations like this because of how hard it is to rent an apartment now."

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These rates are based on the cost of living in a particular postcode, meaning voucher prices are higher for people living in more expensive neighbourhoods. Under a 2018 federal rule, 24 metropolitan areas were required to use fair market rent for a small area, but that remains voluntary in Michigan.

"I think there's some real promise and potential to improve housing options and choices for voucher tenants, at least to give them a real opportunity to see if they can put their vouchers in these high-opportunity, low-poverty areas," Schaafsma said. was .

In September, the U.S. Department of Housing and Urban Development handed out 19,000 new vouchers, the largest ever distribution of flexible rents.

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