HUD’s Section 8 Public Housing Program offers a true win-win solution to America’s housing needs. Capping rent charged to the highest of the following:
– 30% of monthly adjusted income (annual income less deductions and allowances per dependent that – can be as high as $480
– 10% of monthly income
– welfare rent, if applicable
– No more than $50 minimum rent
Section 8 housing provides low income families the opportunity to live in quality housing while providing a strong incentive for property owners to own and maintain them.