Affordable Housing, Within Reach

 

HUD

HUD

An entrepreneur his whole adult life, Benjamin “Ben” Shoval has worked in various fields including computer training, investment management, affordable housing, and high tech. Ben Shoval is currently president of Shoval & Co., which operates in Seattle, WA.

Who needs affordable housing?

Families burdened by high housing costs may not be able to afford necessities like food, healthcare, and transportation costs. Those who spend over 30 percent of their income on housing are known as cost burdened, and approximately 12 million households in the United States spend over 50 percent on housing, including renters and homeowners. Families with one full-time worker paid at minimum wage are likely unable to afford housing anywhere in the United States.

Where can I get help with housing?

The US Department of Housing and Urban Development (HUD) has federal programs available for renters and homeowners.

Renters can seek assistance through privately owned subsidized housing, public housing, voucher programs, and local resources for rental help. For federal program descriptions, visit HUD’s website at http://portal.hud.gov/hudportal/HUD?src=/topics/rental_assistance. Renters looking for assistance in Seattle can visit http://www.seattle.gov/housing/renters for local housing help.

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