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Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents.
For low and middle income families, their house is also the greatest source of wealth. [31] Another method of studying affordability looks at the regular hourly wage of full-time workers who are paid only the minimum wage (as set by their local, regional, or national government). [32]
The federal grant program that sustains the development requires apartments to be rented out exclusively to low-income tenants — some of whom are at or below 30% of the area median income, some ...
May 21, 2024 at 11:02 AM. Bobby Wagner, a 58-year-old Macon man who has been homeless for years, could be a tenant in a new homeless and low-income housing complex downtown that took over 10 years ...
An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...
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