What is Section 8 Housing?

Explaining the Section 8 Housing Program

The Section 8 Housing Choice Voucher Program is a government subsidized rental assistance program. One must complete a section 8 application in order to obtain a housing voucher. The intention of the Section 8 programs is to alleviate the apparent housing shortage nation wide.

Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), often called Section 8, as repeatedly amended, authorizes the payment of rental housing assistance to private landlords on behalf of approximately 4.8 million low-income households as of 2008 in the United States. The largest part of the section is the Housing Choice Voucher program which pays a large portion of the rents and utilities of about 2.1 million households. The U.S. Department of Housing and Urban Development manages the Section 8 programs and housing authorities administer the section 8 application process.

The Housing Choice Voucher Program provides “tenant-based” rental assistance, so a tenant can move from one unit of at least minimum housing quality to another. It also allows individuals to apply their monthly voucher towards the purchase of a home, with over $17 billion going towards such purchases each year (from ncsha.org analysis). The maximum allowed voucher is $2,000 a month. In the United States, the economy varies from coast to coast. It is mostly about the comparison of property values in the area in question. Completing a section 8 application online however, is the first step in becoming apart of subsidized housing in the U. S.

Section 8 also authorizes a variety of “project-based” rental assistance programs, under which the owner reserves some or all of the units in a building for low-income tenants, in return for a federal government guarantee to make up the difference between the tenant’s contribution and the rent in the owner’s contract with the government. A tenant who leaves a subsidized project will lose access to the project-based subsidy.

Your local housing authority can assist you in finding public housing solutions. Consult them and other agencies to help you find and complete a section 8 application online when applications are being accepted.