Quote:
Originally Posted by Mike Peterson
It seems like you know a bit more than me about the subject.
I was actually trying to get one of my rentals approved for Sec 8 here but they told me there was a waiting list and what they pay is about $200 less than I am getting now.
It seemed a little strange because I figured they would need more homes if they have a 3 year waiting list for tenants to get approved for Sec 8. The amount they told me they pay also seemed very low for my area.
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Local Housing Authorities are allowed latitude in how they implement... I've only worked with a few Bay Area cities and two county Housing Authorities... my brother served on a County Advisory Board governing Contra Costa's county Housing Authority for a short time to fill an unexpected vacancy... I/we had no units in Contra Costa under Section 8 at the time.
Waiting lists... depending on family status can by anywhere from several weeks to more than 5 years and is based on available funding and not the supply of available rental homes
Senior Citizens and the Disabled often move to the front of the list as do groups that receive special congressional funding as happened for Hurricane Katrina victims.
Often a family will be given a choice of Conventional Housing (Projects) with a short wait list or Section 8/Voucher Housing with longer waiting lists.
Dedicated Senior Housing and Disabled Housing operates as you mentioned... the entire property is first qualified and then individual families that meet the eligibility requirements are sought.
The amount of rent a Landlord is allowed to charge is based on a formula calculated by the cost of a typical comparable minimum unit in that community... this is why Section 8 housing is often found in the lower cost area of town, although it can be anywhere the property owner is willing to accept Section 8's predetermined fair market value.
The amount of rent the Tenant pays is solely based on the tenants income and is independent of the total rent for the home... it is possible for a very low income family with many dependants to actually pay nothing or receive a small payment if they are classified as under-housed
Exceptions above Fair Market rent are sometimes granted for units that have special amenities for disabled certificate holders and in some cases when an entire class of certificate holders looking for rentals is unable find anything within the price range.
HUD audits local Housing Authorities to insure the Fair Market Rent schedule used is not overly generous... the philosophy is to house as many qualified families for the least cost in a given community.