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.

 

Find The Best Section 8 Homes & Rentals
Find The Best Section 8 Homes & Rentals Are you feeling a little frustrated searching for Section 8 homes and rental property? Below is a list of multiple Section 8 housing resources. These are not in any particular order. These are just eight very good resources...
How to Find Bargains at Flea Markets
I love to spend hours looking at flea markets for different items. Different vendors set up their products in a central location so that consumers can spend their time walking around and see the new and used items available for sale. You never know what you will come...
Financial Aid: Grants for Women
 Thanks to thousands of grants, women who want to go back to college and earn a degree can do so without worrying about large tuition fees. Grants for women are available for single moms, minority women, and women that are going in to specific fields of...
Relief Resources and Benefits Gov
 Let's begin with this. No One Is Guaranteed Government Assistance Just For Existing. That being said, Government aid can be very helpful to those enduring a financial struggle or hardship. It can also be beneficial for those looking to attain a higher...
5 Ways to Keep Your House During A Market Crash
Anyone paying attention to the housing market in the Los Angeles area knows that home prices have been at record highs. National Mortgage News suggests that this could be a housing bubble about to burst, and a decline in home prices and an increase in mortgage...
SNAP (Supplemental Nutrition Assistance Program)
The first nutrition assistance program was started in 1939. These types of programs were developed to help people during strenuous times and financial hardships. The program we know today (SNAP) was first introduced in 1961 as the Food Stamp Act that was...
Positive Thinking Can Change Your Life
Positive Thinking Can Change Your Life Enthusiasm Is Positive Energy “No pessimist ever discovered the secret of the stars, or sailed to an uncharted land, or opened a new doorway for the human spirit.” - Helen Keller Enthusiasm is the sunshine of your mind’s garden....
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...
How Does Renting to Own Really Work?
 In the years leading up to the financial crisis of 2007-08, the renting to own model — in which tenants/buyers have an option to purchase the house or condo they’re renting from their landlord/seller— was mostly offered by individual homeowners. In the...
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,...
Walmart Owes Money
Wal-Mart is a nationally recognized big box store offering low prices for customers who have everyday needs. The store employs more than 1.2 million people, and many of them are currently in a situation in which they could receive a big payout from the company for...
Morning Habits for Success
Are you a morning person? Many people enjoy getting up at the sunrise and having a cup of coffee while they browse the web and others prefer to sleep in as long as possible but the most successful people in the world embrace the mornings and in fact there...
5 Strategies to Save Money on a Shoestring Budget
 If you are one of the many people who live on a tight budget, you may feel the stress of your situation on a daily basis. Even a seemingly small issue that arises and has reasonable expenses can throw your budget off track. Reducing your costs is a great...
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...
Readership Programs for Children
Readership Programs for Children The summer break may not always be beneficial to children. Studies show that children lose an average of one month of learning during the time off between school years. One way to counter this is to engross them in activities that...
Modern Millionaires Mindset
Here’s A Modern Millionaire Rhetorical Question:   If you have a spare million dollars in your bank account today… How will you spend it? Pay off all your bills and loans? Buy your dream car? Dream house? Give your family a better life? Travel all...
Public Assistance Study
 According to a new public assistance study conducted by the University of Illinois and the University of California-Berkeley, a overwhelming majority of fast food worker's families are enrolled in one or more public assistance programs. These programs...
Health Insurance Coverage Changes | ACHA
Healthcare reform tends to be tricky and complex as it attempts to find a common ground that is beneficial for all people. Burdened by the political firestorms that surround it, the new healthcare bill approved by the House of Representatives will...
Is Rent to Own Housing An Option?
Rent to own housing is a popular term that should be carefully considered. It can be an agreement between owner and seller to rent or lease a property until it is paid in full. The plan can work several different ways, some have zero deposits and no...
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...

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 Name and Email for Best Results

Due to the overwhelming response, enter your email for best results. Look for your free ebooks from New Flex Career!

You Are On Your Way!

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 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