Section 8 Housing Rules For Landlords

Also known as hud housing this program grants vouchers to tenants that act as a guarantee that the program will pay 70 of the rent while the tenant will be responsible for the other 30.
Section 8 housing rules for landlords. Beginning in fiscal year 2020 hud s office of public and indian housing intends to host regular symposiums with rental housing owners and managers landlords across the country. Landlords should thoroughly measure section 8 pros and cons so as not to miss out on a potential source of rental revenue. The phrase section 8 housing refers to a specific part of the national housing code that helps struggling tenants pay for housing.
Property rental listings directly to public housing authority maximize rental listing exposure. For a rental unit to be approved for section 8 housing it must meet certain housing quality standards. The housing choice voucher program commonly known as section 8 because it is part of the larger section 8 program is a federal housing assistance program that subsidizes part of a tenant s rent payment in order to help low income renters access safe clean housing.
Here are 13 standards for which they inspect. These symposiums are part of a larger department wide effort to better serve and connect with landlords as hud recognizes landlords are crucial partners. How section 8 works for landlords.
Before the landlord is able to rent to section 8 tenants the rental property will have to pass a section 8 inspection first. In order to operate a section 8 rental the local housing authority must approve both the landlord and the property itself. This inspection will be conducted by the public housing authority pha to make sure that the rental property meets the section 8 housing requirements known as the housing quality standards.
Find a section 8 eligible housing unit. Prior to being approved as a section 8 landlord units must be inspected and approved by the local housing authority and the rental amount must be at or below the fair market rent set by hud. Landlords participating in the housing voucher program are subject to section 8 inspections.
The tenant must search on her own for private housing within the specific town or county where her voucher has been approved. The section 8 process is fairly straightforward. Before a tenant can move into an apartment an inspection will be performed by the local public housing authority.