How does section 8 determine your rent




















In exchange, Home Forward will assist you with your rent, provided that you find an approved place within the time limit. After you have fulfilled your initial lease, you may be able to transfer your voucher to anywhere in the United States, providing you are in good standing with Home Forward and your landlord.

You may be eligible for a voucher extension, but it must be requested in writing and granted before the original expiration date. If you don't, the voucher will be issued to someone else from the waiting list, and you will be required to re-apply when the waiting list opens again. If you or the new landlord do not agree on tenancy, or the selected unit does not pass Home Quality Standards inspection, you will be given back the un-expired time on your voucher to search for another unit.

Finding a Home You may choose to use your voucher in your present home. This is called "leasing in place. Remember that you will be signing a lease with the owner.

Make sure that the place you find is in good condition and that you will be able to afford your portion of the rent. Consider the neighborhood. Talk to the neighbors. Is it safe? What schools will your children be going to? Check out nearby shopping and access to public transportation. Rental units must meet minimum standards of health and safety , as determined by the PHA.

A housing subsidy is paid to the landlord directly by the PHA on behalf of the participating family. The family then pays the difference between the actual rent charged by the landlord and the amount subsidized by the program. Under certain circumstances, if authorized by the PHA, a family may use its voucher to purchase a modest home.

Eligibility for a housing voucher is determined by the PHA based on the total annual gross income and family size and is limited to US citizens and specified categories of non-citizens who have eligible immigration status. By law, a PHA must provide 75 percent of its voucher to applicants whose incomes do not exceed 30 percent of the area median income. Median income levels are published by HUD and vary by location.

The PHA serving your community can provide you with the income limits for your area and family size. During the application process, the PHA will collect information on family income, assets, and family composition. The PHA will verify this information with other local agencies, your employer and bank, and will use the information to determine program eligibility and the amount of the housing assistance payment.

If the PHA determines that your family is eligible, the PHA will put your name on a waiting list, unless it is able to assist you immediately. Once your name is reached on the waiting list, the PHA will contact you and issue to you a housing voucher.

If you are interested in applying for a voucher, contact the local PHA. For further assistance, please contact the HUD Office nearest to you. Since the demand for housing assistance often exceeds the limited resources available to HUD and the local housing agencies, long waiting periods are common.

You do not have to accept the rent increase — your Leasing Officer will advise you regarding your options in this situation. Rent Increase Frequently Asked Questions Please see the attached document for frequently asked questions about the rent increase process and how a rent increase could potentially affect your share of the rent: Rent Increase FAQs.

Tenants must provide this information to remain in the program. Changes made throughout the year and not during Annual Recertification are called Interim Recertification. These changes could have an impact on how much you pay for your rent.

Learn more about the Annual Recertification or Interim Recertification. In order for an individual to qualify for Section 8 subsidies, their income level must be less than 50 percent of the median income level for their county or metropolitan area. The next important parameter to evaluate is the payment standard of the city in question.

If the apartment you have selected has a lower monthly rental price than the payment standard for a similarly sized unit, the tenant will have to pay 30 percent of their monthly income toward the rent. If the unit they have selected has a monthly rent that is higher than the current payment standard, 40 percent of their monthly income will be paid toward rent.



0コメント

  • 1000 / 1000