How Much Does Section 8 Pay Landlords

The program provides families with a certificate or voucher that allows them to lease an apartment or home they otherwise couldn t afford.

How much does section 8 pay landlords. What is section 8 how does it work. If a section 8 household earns 1 200 a month and chooses to rent a house at its area s fair market rent or below it pays in most cases approximately 360 a month in rent 30 percent of 1 200. Most cities allow landlords to raise the rent in the 5 8 range per annum.

The maximum amount they will pay will vary based on standards such as the town you live in and your income level. Here are the four main criteria section 8 will consider. Hud covers the remainder.

For example if the rent was 2 000 per month and the section 8 benefit covered 1 700 per month the family would pay the landlord 300 per month. Vouchers represent the state s payment to the landlord on behalf of the renter. The amount of the section 8 voucher may be more or less than the amount the landlord could receive for the rental on the open market.

Families pay someread more. Funds are distributed first by the us department of housing and urban development. Most housing authorities are out of money so there s a few making cuts we got a notice that the maximum is going down to 1 050 on our annual renewal and anything above the 1 050 will need to be paid by the tenant.

Section 8 of the housing act of 1937 42 usc section 1437f as amended authorizes the executive branch of the federal government to pay rent to private landlords on behalf of low income households. The voucher recipient uses those vouchers to pay a portion of the rent. More on this below.

Section 8 guidelines for landlords in some cities and states it s illegal for landlords to discriminate against people who receive section 8 benefits. Tenant pays 25 housing authority pays 75. If however the family decides to go above fair market rent the percentage of income it devotes to housing increases.