If you have recently been approved for low-income housing, you may not be responsible for a large rental fee each month, but you will still be faced with responsibilities to retain your independent living situation. Take the time to prepare an itemized budget that lists your expenses and find viable ways to save the money needed. Be Aware Of Your Rental Fee And Late Charges If you were approved for subsidized housing through a government agency, you will need to find a property owner who accepts housing vouchers.