Subscribe

Things You Need to Know About Section 8 Housing

Nice Low Income HousingSome families might find a safe, decent and affordable housing as a big challenge to tackle. Majority of regions in the United States do not have rent control laws in place. Therefore some renters find affording a private rental in a good location a distant dream. The result forces a large number of families to live in substandard houses and also inhabit high crime areas. Section 8 is an innovative program launched by the U.S. Government to combat this malady faced by a large number of families. This program aims to help the low income families, the disabled and the senior citizens to be able to afford the cost of housing. The program also gives out incentives to the landlords who come forward to work with the local housing authorities.

 

Aspects of Section 8

Section 8 provides a comprehensive help to the low-income families, seniors and disabled to get affordable and safe housing outside the purview of the public housing system. The traditional housing assistance programs presented only a few housing options and the renters were forced to live in public housing projects and also inhabit only rough neighborhoods. The Section 8 Housing Choice Voucher Program gives a housing voucher for the tenants, which they can use for any house qualified for the section 8 program, privately owned apartment or a townhouse.

In order to work with Section 8 program, the landlords must be approved by the local housing authority. The requirements to qualify as a Section 8 housing landlord differ between different regions. Those applicants who are approved have to be on a waiting list unless housing is available immediately.

The ultimate objective of the public housing agencies is to give preference to families that are homeless and seen occupying substandard houses. The families that are displaced involuntarily as well as those that pay more than half of their income towards rent will also be considered. The contracts are signed between the landlords, tenants and the public housing agency. The contract specifies the roles and responsibilities of every party concerned.

 

Understanding the working of Section 8

Year on year the federal government gives grants to every state to cover the costs of housing assistance programs. A part of this funding is used by the states to cover the cost of running the section 8 Program and also to pay a part of the tenant’s rents and utility costs. Most commonly, the housing authority will bear about 705 of the tenant’s costs.

For instance, consider a tenant covered by Section 8 program confronts a monthly rent of $700 and an average of $150 a month towards utility expenses. The ratio of 70% works out to $630 per month of the tenant’s living costs. This amount will be shared between the landlord and the utility company. The remaining 30% will only have to be borne by the tenant.

 

Advantages of the Section 8 Housing Assistance Program

Though there are arguments favoring and opposing the Section 8 housing assistance program, this program has a number of advantages.

Reduction in poverty rates

With the escalating costs of finding an apartment for rent a good number of families is finding it difficult to bear the rental expenses and are also forced to spend the majority of their earnings on rent. The Section 8 program is primarily targeted to assist the low income families in stretching a bit more and manage within their budget. The program is ultimately geared towards assisting the families in climbing out of the poverty line. The result is a significant reduction in the poverty rates across the country.

Minimizing crime rates

Some segments of the public housing facilities particularly those that are located in the urban areas are seen breeding crimes more than the other segments. When the program helps the families move to privately owned rentals, they escape out of the danger zones which results in the reduction of the overall crime rates.

 

Enhancing the opportunities for families

Those families that are covered b Section 8 programs are able to move into areas and neighborhoods that are equipped with better living conditions, educational and job opportunities that help them improve their overall condition.

What some experts say about section 8 program

It is said that the Section 8 program is benefiting both the tenants as well as landlords. The housing choice vouchers given by the program enables the underprivileged families to get housing facilities in areas that they would not have been able to afford otherwise. The saving they do with this arrangement lets them make use of to pay for their other needs. Also, the landlords now have more tenants to choose from and find it much easier to rent their properties.

 

The Greatness of Good Friday
 What a supreme paradox. We now call the day Jesus was crucified, Good.Many believe this name simply evolved—as language does. They point to the earlier designation, "God's Friday," as its root. (This seems a reasonable conjecture, given that "goodbye"...
Understanding Federal Grants (Part 1)
 Let me start off by asking you this question. How would you like free money that you will never have to pay back, from the federal government? Sounds great doesn't it? Well, the simple truth is that you can get it if the government decides to award you a...
Accepting Failure | Achieve Success
Everybody has a setback every once in a while, but it doesn’t mean that there is anything wrong with you. In fact, accepting failure can be a great opportunity to learn your own limitations and boundaries, then push through them, and provide you with a...
“Believe in The Power of 3”
The number 3 is the first number to which the meaning “All” was given. It is the number of the whole as it contains the beginning, a middle, and an end. When you raise the number 3 to a second power, it simply magnifies everything you already have and...
Solid Advice for Credit Repair
It may be difficult to find information on the best ways to improve your credit. There is a wealth of different tips in this article to help you rebuild your journey to credit repair. Using these tips can save you from stressing and prevent headaches....
Save Money When Grocery Shopping
 It is a good idea to be aware of the amount of money that we spend on items when we go grocery shopping on a regular basis. When times are tough, it is this knowledge that can help us to survive on less income than usual, which can help in a big way if we...
Ways to Face Fears | Succeed
All of us have a hard time with failure, and it can often lead us to feeling insecure about ourselves. It can even begin to compound our fears and leave us feeling nervous and anxious in unfamiliar situations. We want to be able to predict and control everything that...
Social Security Disability Assistance
 Social Security Disability Insurance pays benefits to you and certain members of your family if worked long enough and paid Social Security taxes. Supplemental Security Income pays benefits based on financial need. If you need help and personal guidance...
Government Assistance for Unemployment
Government Assistance for Unemployment Sometimes, life does not go as smoothly as planned. Fluctuations in the economy lead to periodic lay-offs. Sometimes, a company fails and workers find themselves out of work. Often, an employee and employer simply part ways after...
Car Loans Approved Today!
Drivers will be excited to hear that the cost of a vehicle has started a downward plunge making it even easier to get the car loans you have always wanted. According to predictions by GasBuddy, the average price for a gallon of gasoline is set to fall...
How Do I Get FHA Refunds?
Although FHA refunds are for people who have FHA-insured mortgage loans, not everyone is entitled to a refund. Various factors are considered to determine who can receive a refund. FHA refunds are available for those who finance their homes within three...
Understanding Federal Grants (Part 2)
 In the last issue we talked about how the federal grant system works and how you can make it work for you. In this issue we are going talk about exactly who's eligible to apply for federal grant money. The simple fact is that almost everyone is eligible...
History of St Patrick’s Day
 St. Patrick’s Day is celebrated annually on March 17, the anniversary of his death in the fifth century. The Irish have observed this day as a religious holiday for over 1,000 years. On St. Patrick’s Day, which falls during the Christian season of Lent,...
Examine Failures and Find Inspiration
How to Examine Failures and Use it as Inspiration Sometimes, when we fail, it can feel like the end of the world. None of us like to be told that we are doing something wrong. None of us like to experience setbacks in our plans. It can make us question our self-worth,...
Teach Safety First
There is no denying the fact that the dangers out there are very real and your child is susceptible to them all. Luckily you can teach safety to help protect your little ones and keep them safe at any age as long as you are willing to take the necessary...
5 Common Ways Families Overspend
If you are looking for ways to free up extra money in your family budget, you are not alone. You may be eager to use any extra money that you can find for debt reduction, savings, or other goals. While it may seem as though there is little or no extra room to scale...
The AHCA Impact on Medicare & Medicaid
The Impact on Medicare & Medicaid The repeal and replace legislation concerning the Affordable Care Act (ACA), or Obamacare, seems complicated for many consumers. Though it will likely see changes as it is debated in the Senate, the American Healthcare Act (AHCA)...
Home Improvement Grants
 Is your home desperate for repairs? Are you at your financial limits, broke...flat broke? Have you ever wondered how it would feel to have the government help you be able to afford these critical repairs? Help is possible through new home improvement...
Best Credit Cards for Questionable Credit
Life does not always work out as planned. Sometimes, a gap in employment leads to a few missed payments, and eviction, or a repossessed vehicle. These things happen to most people. In order build credit back up, a credit card may help. Making regular...
The Best Self Help Gurus
In the world today, it is easy to come across scammers looking to take advantage of people in their weakest moments. The realm of self-help is no different. In fact, it can be much worse. Self-help scammers apply abstract concepts so that unsuspecting people will fork...
Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email to Receive New Assistance Updates

Due to the overwhelming response, please enter your name and email to ensure proper results.

Thank You! You will now receive the latest assistance updates!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest

Share This