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.

 

Free Cell Phones: Avoid The Trap
Cell phones are becoming very sophisticated with the advancement in the technology. Today the cell phones come with lot of mind-boggling kinds of features on them. Due to the increasing competition between the handset manufacturers and the service providers, lots of...
Receiving $4000 in Home Rebates
 Are there any home improvements that you have been contemplating lately? Are you struggling to make ends meet already? Learn more about three Programs a that could help you and millions of homeowners qualify for a $4,000 rebate. These Are Very Tough...
Low Income Families and Educational Help
Low Income Families and Educational Help It is a common perception that only the most gifted students are eligible for grants and scholarships to get them through the final phases of their education, and this then gives rise to the popular thought that those residing...
Rent Assistance and Low Cost Housing
With todays economy fluctuating , many individuals and families are struggling to pay bills in a timely fashion, including their rent. The good news is that there are a variety of options available to anyone who is facing late fees, court dates or even...
5 Strategies to Reduce Stress and Strengthen Family Relationships
 Stress is everywhere. You feel stressed at work and on your commute, and maybe even your home, the place that is supposed to be your sanctuary. When you arrive home from your job, you're met by bills that need to be paid, children that need to be fed and...
Who Qualifies for VA Home Loans
For many veterans and their families, buying a home can be a difficult experience. Many veterans have little patience for the drawn out process of finding a loan, and others have not always had the best luck with credit. Fortunately, Veterans Affairs (VA) can help....
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 are certain...
How To Get Involved with Affiliate Marketing or Direct Sales
How To Get Involved with Affiliate Marketing or Direct Sales Life can busy and complicated. With increased costs in childcare, one parent must often stay at home to watch the kids while the other parent works. Or, as someone begins their adulthood, they may need...
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,...
Coupon Tips That Can Save You Money
Everyone loves a great deal and your luck will get better when you find coupons for your favorite items. There are a lot of great locations to discover coupons these days, including the Internet, newspapers and flyers. These are tips and techniques on how...
A VA Home Loan Can Help You Get Affordable Housing
 Ever since the housing market collapse, lenders have tightened the requirements to qualify for loans. If you don't have the required credit score or enough for a 20 percent down payment, it will be difficult to secure qualification for a conventional...
How A Home Warranty Will Save You Money
A Home Warranty Will Save You Money Owning a home can be expensive. Appliances break down, and air conditioners tend to quit working in the middle of the summer. In fact, most home have a major mechanical breakdown twice each year. Usually, these breakdowns occur at...
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....
Penny Pinching Groceries Plus Earning While Shopping
Penny Pinching your way into savings and earning! If you feel like you are wasting money on groceries then you're not alone. The average American spends around $160 per week at the supermarket. What if I told you that number can be easily cut in half by penny pinching...
5 Helpful Resources for Women Who are Expecting
If you are living paycheck to paycheck or struggling to make ends meet, a pregnancy can put a lot of extra stress on you and your family. Luckily, there are single mom resources available to help you if you need some assistance. These programs provide benefits such as...
Lifeline Assistance Program
 There is now a program out there that can even help with your cell phone. The special government program called Lifeline Assistance that offers a free phone and minutes to those who qualify. Getting on the list is not very hard, but there are a few things...
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...
Run A Background Check When Applying for Jobs!
 Social media is everywhere in the air around us today. Hence it is natural for you to assume you can handpick and choose what you want your employees to see. Most people therefore imagine that once they clean up their Facebook wall and delete those...
Natural Antibiotics and Antivirals
The issues of antibiotics and antibiotic-resistant bacteria have gotten a lot of attention lately. The concern is that bacteria, having been exposed to antibiotics for so long, have developed a resistance to the antibiotics, creating "superbugs." The grim reality is...
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...

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 ebook from New Flex Career about finding unclaimed money!

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!

Pin It on Pinterest

The More You Share. The More We Can Help!

Share these posts & pages with friends!