Guest guest Posted December 2, 2008 Report Share Posted December 2, 2008 Hi all: I haven't a clue whether this would apply to Illinois residents... If someone cares to investigate??? Ellen -- Subject: Housing Issues One of the issues with housing being determined by waiver placements alone is that there is a finite source of money. Many people who are on the waiting lsits could benefit from using the USDA Rural Housing options for housing. Those who hold a job and make a minimum of $14,000 (approx) a year (can include both SSI and work) for one would be eligible for mortagage funding thru the USDA Rural Development fund. Mortgages require good credit but no down payment and interest of 1% on 30 year mortgages. And the top amount able to pay for a house would enable most people to buy a starter home (3 br, 2 bath.) I doubt that there is anyplace in NJ but there sure are in NY, PA, DE. And the great thing is that this is another funding source so far not affected by the downturn in economy. Sara - Life is a journey- we choose the path. Quote Link to comment Share on other sites More sharing options...
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