Comments by "Babu" (@Babu-kr3cr) on "Government assistance programs that actually keep seniors in poverty" video.

  1. If you win an affordable housing lottery, to my understanding, that just gets you in the door of a unit. Then it is between you and your new landlord what the terms of the lease are, and HUD is out of it. There is no asset limit, only an income limit. The only program that will penalize you for having more than 2,000 in assets is SSI which is for very low-income people who don't work or never worked. If this guy can work, he can get on disability and get Medicare with supplemental programs and not pay for any insurance. The problem to me seems to be that there are no caseworkers who take the hand of the poor and make sure they are getting all they are due. The programs are complicated, and you really have to do your research to see what you do and don't qualify for. I recommend you research what is available in your area and apply for all you can. These programs do lift you out of poverty, but you have to know how to work them. You have to know how to deal with some caseworkers who are dishonest and protest for your rights. The U.S. Department of Housing and Urban Development defines an asset as a type of possession that holds value, such as a car or money in a bank account. Subsidized housing programs – whether state or federally funded -- place no limits on the amount of assets a person or family can have in terms of program eligibility requirements. Assets only become an issue when they earn income.https://pocketsense.com/asset-income-requirements-subsidized-housing-8228830.html
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