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By the time Kimberly Loper, 28, got the news that she would receive a Section 8 voucher – a coveted federal rental subsidy for low-income families – she had been on the waitlist for three years.
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Formerly, the program was known as Section 8. Housing choice vouchers assist very low-income families in choosing and leasing or purchasing safe, decent, sanitary and affordable housing in the ...
The housing choice voucher program, or Section 8, is a federal program administered by local housing authorities that provides funding through vouchers that are paid directly to landlords. The ...
While funding appropriated by Congress for the Housing Choice Voucher (HCV) program (out of which the PBV program is funded) fluctuates from year-to-year, PHAs have every incentive and are in fact contractually bound (by the PBV HAP) to fully fund their PBV HAP contracts, which may leave them with tough choices (e.g., issuing fewer tenant-based ...
When a Section 8 voucher participant rents from a participating landlord, the local PHA “pays the difference between the household’s contribution (set at 30 percent of income) and the total monthly rent.” [13] The Section 8 voucher program does not set a maximum rent, but participants must pay the difference between the calculated subsidy ...
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Examples of direct assistance to these individuals include Section 8 vouchers, Pell Grant scholarships, and disaster relief awards, among many others. [8] Every program is designed with a specific recipient in mind. Certain programs have restrictions on who may receive the assistance because of the nature of its activity or service. [8]