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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]
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing.
Housing scam targets Section 8, voucher recipients with fake wait lists. Fox local. Nick Longworth. June 25, 2024 at 9:30 PM. ST. PAUL, Minn. (FOX 9) - If you’re contacted about a deal for ...
In the United States, housing vouchers fall under Section 8 of the Housing Act of 1937. Section 8 housing vouchers provide housing assistance for low-income, elderly, and disabled individuals or families. The term “source of income discrimination” is used by housing advocates to describe a phenomenon that is legal nationwide in the United ...
Jacob Flanagan. May 21, 2024 at 4:23 PM. NEW YORK - Mayor Eric Adams has announced the reopening of the Section 8 Housing Choice Voucher (HCV) program waitlist for the first time in nearly 15 ...
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