Tim Elliott is a dedicated housing counselor based in New York City, specializing in finding affordable and accessible housing solutions for residents. With over 15 years of experience in real estate and an extensive background in mortgage consultancy, Tim brings a wealth of knowledge to his role. He is also an ABLE ambassador, advocating for financial empowerment of individuals with disabilities and promoting the benefits of ABLE accounts for improved savings and financial planning.

Episode Summary:

Join us in this engaging episode of the “A Housing Journey” Podcast, hosted by BJ Stasio, as we explore the challenges and solutions in the New York City housing market with expert guest Tim Elliott. Known for his vast experience as a housing counselor, Tim shares his insights on navigating the complex real estate environment faced by many residents, touching on topics ranging from budgeting and credit management to ensuring accessibility in housing for people with disabilities.

In this episode, BJ and Tim delve into the ever-rising costs of housing in New York City and the struggle for affordable living spaces. They address the tactics landlords use to drive up rent prices and the high demand for rental units. Housing affordability is tackled head-on, with discussions on budgeting and managing credit history, helping individuals prepare financially for renting or buying. Additionally, listeners gain insight into the unique challenges faced by individuals with disabilities, including accessibility issues in new housing developments.

Moreover, Tim emphasizes the importance of savings strategies, encouraging listeners to establish online savings accounts for better financial management. He also highlights the benefits of ABLE accounts, an initiative that allows people with disabilities to save money without impacting their benefits. Drawing from his extensive experience in the field, Tim offers seasoned advice for individuals looking to secure housing that fits their financial and accessibility needs.

Key Takeaways:

• Rent prices in New York City are influenced by competition among landlords and high demand for rental units.
• Effective budgeting and credit management are crucial when seeking affordable housing.
• Accessibility in housing for people with disabilities remains a significant challenge, often overlooked in new developments.
• Online savings accounts provide a secure way to manage finances and build savings for housing.
• ABLE accounts offer a viable savings option for individuals with disabilities, allowing them to save without affecting benefits.

Resources:

•  New York Housing Resource Center (NYHRC)
• ABLE National Resource Center

Tune in to the full episode to gain deeper insights from BJ Stasio and expert Tim Elliott on navigating housing affordability and accessibility challenges. Stay plugged into the Housing Journey Podcast for more enlightening conversations and tips on finding your way through the housing maze.

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