Cartersville is a rapidly growing city in Georgia, with a lot of opportunities for both established and new residents alike. One of the most important aspects of the city’s growth has been its public housing program.
Through the Cartersville Public Housing Authority, low-income families have access to safe and affordable homes, helping them start a life in this vibrant city. This article will take a closer look at Cartersville’s public housing programs and how they can benefit both current and prospective residents.
A Look at the Latest Statistics and the Role of the Cartersville Housing Authority
Finding affordable housing in Cartersville, GA can be a challenge for low-income families, the elderly, and individuals with disabilities. Fortunately, the Cartersville Housing Authority is here to help. As a government agency that manages public housing in Bartow County, the Housing Authority oversees low-income housing, including the application process, eligibility guidelines, and related resources. In this post, we’ll take a closer look at the latest statistics on Cartersville’s public housing programs and the role of the Cartersville Housing Authority.
Cartersville HUD Housing Programs
HUD housing programs provide subsidized housing for low-income families, the elderly, and individuals with disabilities. In Cartersville, there are a total of 480 subsidized units, and 96.0% of them are occupied. The average family expenditure per month is $310, and the average HUD expenditure per month is $536. On average, there are 2.0 people per unit in Cartersville, which translates to a total of 946 people. The average wait time for these programs in Cartersville is 17 months, which is longer than the 9 months for Bartow County.
Cartersville Public Housing Programs
Public housing programs are owned and operated by local public housing authorities. In Cartersville, there are 298 subsidized units, and 97.0% of them are occupied. The average family expenditure per month is $330, and the average HUD expenditure per month is $516. On average, there are 2.3 people per unit in Cartersville, which translates to a total of 656 people. The average wait time for these programs in Cartersville is 6 months, which is shorter than the 4 months for Bartow County.
Cartersville Section 8 Housing Programs
Section 8 housing programs provide rental assistance vouchers to eligible low-income families. In Cartersville, there are 140 subsidized units, and 98.0% of them are occupied. The average family expenditure per month is $260, and the average HUD expenditure per month is $589. On average, there are 1.6 people per unit in Cartersville, which translates to a total of 228 people.
The Role of the Cartersville Housing Authority
If you’re looking for affordable housing in Cartersville, the Cartersville Housing Authority can help you navigate the process. You can contact the Housing Authority for questions about how to qualify for low-income housing, apply for housing subsidies, and access public housing programs. The Housing Authority can also provide you with information about the locations of low-income housing units and Cartersville Section 8 landlord information.
Cash Buyers and Financing: Understanding the Impact on the Housing Market
Cash home buyers, who purchase properties outright with cash rather than relying on a mortgage, can be a significant force in the housing market. In areas with high occupancy rates, cash buyers may have an advantage over traditional buyers who are reliant on financing, as they can often move more quickly and secure deals more easily. This can make it even more challenging for traditional buyers to find a home that meets their needs and budget. However, cash buyers can also be a positive force in the market, as they may be more willing to invest in properties that need significant renovations or repairs, which can help revitalize neighborhoods and increase property values in the long term. Ultimately, occupancy rates are just one factor to consider when it comes to the impact of cash buyers on the housing market. Other factors, such as the overall health of the local economy and the availability of financing options, can also play a role.
What Does This Data Mean for Cartersville Residents?
The high occupancy rates in all three programs indicate a high demand for affordable housing in Cartersville. The average wait times for each program show that families may need to plan ahead and prepare for a waiting period when seeking affordable housing. The data also shows that the average family expenditure per month is relatively consistent across the different programs. However, there are some differences in the number of people per unit and the average HUD expenditure per month.
The Cartersville Housing Authority plays a crucial role in providing affordable housing to low-income families, the elderly, and individuals with disabilities in Cartersville and Bartow County. By understanding the latest statistics and the resources available through the Housing Authority, Cartersville residents can make informed decisions about their housing options and find a place to call home.