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Is there a way to find out the percentage of section 8 tenants in an apartment complex?
Also does a apartment complex receive more money from non section 8 tenants tenants?
I'm in California btw.
Thanks!
1. Ask the landlord/management.
2. It would be very unusual for a landlord to get the actual market rate from a section 8 rental. A goverment run welfare subsidy does not usually benifit the landlord.
2. It would be very unusual for a landlord to get the actual market rate from a section 8 rental. A goverment run welfare subsidy does not usually benifit the landlord.
No, but they can get "market" from a Section 8, while other tenants pay less.
You will likely not find the percentage of Section 8 renters, only if they take it or not.
A LL cannot legally charge a Section 8 tenant more than a private payer. A LL can charge more to private payers than Section 8.
Like most of your posts, myopic.
CA allows it.
Quote:
Payment Standards are used to calculate how much rent subsidy the Housing Authority can pay an owner on behalf of a Section 8 tenant. The Payment Standards do not limit or affect the amount of rent an owner may charge or the Section 8 tenant may pay. A Section 8 tenant can select a unit with rent that is below or above the Payment Standard; however, a tenant is not allowed to pay more than 40% of their income toward rent in the first contract year. (Note: These Payment Standards do not apply to the Housing Authority’s Section 8 Moderate Rehabilitation Program).
The Payment Standard is the amount generally needed to rent a moderately-priced dwelling unit in the local housing market. The Housing Authority sets this amount between 90% and 110% of the Fair Market Rent that the U.S. Department of Housing and Urban Development (HUD) determines each year for Los Angeles County.
Setting Payment Standards at this level keeps them high enough to ensure that quality housing is available, and also keeps them in a range that allows us to assist as many families on the waiting list as possible.
Is there a way to find out the percentage of section 8 tenants in an apartment complex?
Also does a apartment complex receive more money from non section 8 tenants tenants?
I'm in California btw.
Thanks!
1) In my opinion, as a former apartment building manager - no. That's confidential information.
2) Maybe a little. The housing authority will negotiate the rent price, based on similar apartments in the area. It's possible that the county HA would be able to negotiate a rent that is a little lower than what they would charge new tenants
So, it's possible that the complex charges, for example $2000/month rent. But, the housing authority's data says that's too high by $200. So, they may make a deal that the HA will pay $1800/month rent for a unit.
Section 8 has ruined more neighborhoods. When they leave be prepared to rebuild the apartment. Section 8 should have a better way to control tenants who are destructive. Rent to a single mom with a couple of kids and find out later she has invited her boyfriend and his two kids to live for free. This is a badly run program.
Is there a way to find out the percentage of section 8 tenants in an apartment complex?
Also does a apartment complex receive more money from non section 8 tenants tenants?
I'm in California btw.............
You will have to check whether or not it is legal to reject Section 8. If it is legal to reject Section 8, all you have to do is ask management if they accept Section 8 tenants. If they do, they won't tell you how many they have, but if they accept Section 8, there will be a lot of them, because there are very few places that accept them.
If it against the law to reject Section 8, even the landlords who strive to keep them out will not tell you anything except that yes, they accept Section 8 and you will learn nothing.
Section 8 sets a price for an area and they are not flexible. Their "fair market rent" often has nothing to do with reality and might make it easier or tougher for Section 8 tenants to obtain housing.
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