Subsidized Rentals to Low-Income Families
By: Dennis Norman
You may already be renting your homes to one or more of the 1.95 million families that receive rental assistance under HUD’s Housing Choice Voucher program, however if not you may want to consider doing so.
What is the Housing Choice Voucher program? This is a program that was established in 1974 and known as “Section 8″ to assist lower income famlies, the elderly and the disabled to afford decent, safe and sanitary housing in the private market. Subsequently there have been several changes to the program including in 1998 when Congress combined the then two existing Section 8 rental programs into the “Housing Choice Voucher Program” as is in use today. For this article I’m just going to focus on the low-income family aspect of the program but will discuss the other applications of the program in future articles. Read more…
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