A lot of HUD money goes towards housing vouchers for the protected classes. Well it looks as though criminals may soon be on that list.
Before we get started, let us remind you of the Mortgage Alternative Program that will allow you to get those deals done where you might be stalled due to the fact that your borrower is in that 3 to 5 year waiting period after a foreclosure, bankruptcy or short sale. It’s an amazing program. To learn more about it, simply CLICK HERE.
Now on to the show. HUD money that’s allocated for subsidized housing in many cities comes with requirement. First of all there can be no discrimination of course, but there may be a new class of person that needs some protecting. That would be those with a criminal record. See, as it stands, you’re not eligible for subsidized housing if you’ve got a record. But the problem is if you can’t get a place to live, and you’ve got a record, might you be inclined to go back to your wayward ways in order to survive? That’s the big question. Well, we have our opinions and we know you’ve got yours. So please tune in to the show and let us know your thoughts about it down below.
Have a great day!
Frank and Brian