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What is Section 8 Housing?

Explaining the Section 8 Housing Program

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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. ยง 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.