What Is A Section 8 Tenant

Section 8 of the housing act of 1937 often called section 8 as repeatedly amended authorizes the payment of rental housing assistance to private landlords on behalf of low income households in the united states.

What is a section 8 tenant. Fort lauderdale florida housing authority director william h. The section 8 program allows private landlords to rent apartments and homes at fair market rates to qualified low income tenants with a rental subsidy administered by home forward. Lindsey upon the advice of housing authority attorney j.

Learn six risks that a landlord may face when dealing with the section 8 program. What is section 8 the housing choice voucher program which was founded in 1937 is an affordable housing initiative that allows landlords to rent homes at lower market rates to qualified low income tenants. In practice the voucher program will pay the balance of a rent payment that exceeds 30 of a renters monthly income.

Richard smith initially developed 11 financing in the early 1970s to accommodate a local savings and loan interested in assisting with urban renewal projects mr. Section 8 is a rental assistance program run by the government. Section 8 is a government program that provides rental assistance.

There are different procedures and requirements a landlord must follow when renting to a section 8 tenant than when renting to a tenant who does not receive this housing choice voucher. Section 8 is a common name for the housing choice voucher program funded by the u s. This voucher allows the tenant to look for housing within a certain price range.