HUD program providing payments to owners of rental housing generally equal to the difference between fair market rent (as determined by HUD) and 30 percent of family income. Includes new construction, substantial rehabilitation, certificates and vouchers.
term referring to a popular "welfare" type federal program which pays part of the rent for the recipients of this federal transfer of wealth.
Common name for the Housing Choice Voucher Program which gives low income families rent vouchers that they can use to obtain housing on the private market. More Info
Tenant-based assistance program that supplements what very low-income families and individuals can afford to pay for housing in the private market.
(see complete definition on page 2) Subsidized housing. The Department of Housing and Urban Development (HUD) provides income-based rent subsidies to very low income families, the elderly and the mentally and physically disabled.
Section 8 provides rental assistance nation wide to low income families, elderly, and people with disabilities. This Program provides financial assistance to eligible families whose annual gross income does not exceed 50% of HUD's median income guidelines.
This is a federal HUD program that provides funds for rent subsidies.
A federal housing assistance program in which participants pay a portion of their adjusted gross income (i.e. income after standard deductions) for rent and the remainder of the rent is paid by HUD. Section 8 is either project based or tenant based.
A federal rent subsidy program that provides monthly rental assistance to low-income individuals residing in privately owned units. The rents must be within HUD limits, and the units must meet HUD Housing Quality Standards. Section 8 can be used in cooperatives to help lower-income households pay their monthly carrying charges.
Federally subsidized housing administered by HUD where the tenant pays up to thirty percent of his or her adjusted monthly income and HUD pays the difference between that amount and the market rent. Property owners are not required to participate. (See section 202)
The Section 8 program is designed to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on behalf of eligible tenants. These subsidies usually equal the difference between 30 percent of the household's adjusted income and the HUD-approved fair market rent (for certificates) or the PHA-approved payment standard (for vouchers).
Refers to the section of the United States Housing Act, which provides federal funding to Housing related programs. Most Section 8 programs are targeted to provide financial assistance to Low Income individuals and families seeking affordable housing. There are several Section 8 programs, ranging from Section 8 Certificates (sometimes called Vouchers) that subsidizes an individual's or family's rent, to the Section 8 Family Self Sufficiency program which involves case management & education/training to aid families to become self-sufficient. All Section 8 programs are funded by the Department of Housing & Urban Development and administered through a local county or city Housing Authority.
A program of the Department of Housing and Urban Development that provides rental assistance to low- and very low-income families. HUD pays the difference between the market rent of a unit and the amount that the tenant is able to pay.
The Housing Choice Voucher Program is a type of Federal assistance provided by the United States Department of Housing and Urban Development (HUD) dedicated to sponsoring subsidized housing for low-income families and individuals. It is more commonly known as Section 8, the reference to the portion of the U.S. Housing Act in which the program is authorized.