Eligibility for Section 8 Housing
The Section 8 Housing Program is funded by the government, and is run by each state according to its own requirements. The program is intended to help low-income families who need affordable living arrangements. In terms of what qualifies you for Section 8 housing, the most important eligibility prerequisite is the family’s gross annual income. Depending on the state, a household’s income must be a certain percentage lower than the federal poverty level. Being accepted into the program, however, does not guarantee that a voucher recipient will be able to move into suitable housing right away. Because the program serves so many families, several states have had to close their waiting lists due to lack of available suitable housing. In some instances, the program requirements include beneficiaries to participate in additional special programs, such as classes or training programs which assist individuals to learn how to achieve financial freedom.
Considering that the Section 8 Housing program was designed for low-income families who are unable to pay rent, eligible households must continuously meet program requirements in order to continue receiving housing aid. Qualifying criteria is also contingent upon how many people live in the applying household, rental history (especially with regards to payment delinquency and evictions), assets and citizenship status. Regarding eligibility for low income housing, other factors such as drug usage may be taken into consideration. If you are considered eligible, the PHA will determine the amount of payment a household can receive for a Section 8 rental home.
To prove income and owned assets, applicants must provide banks statements and other documents.
Public housing authorities classify families according to their income, these groups consist of extremely low-income, very low-income and low-income. Extremely low-income families earn 30 percent of the median area income, very low-income families earn 50 percent of the median area income and low-income families earn 80 percent of the median area income. Depending on the family size, the family’s gross annual income must be lower than the area’s median income for a family to be eligible.
To learn more about a certain state’s eligibility requirements and other program details, choose from the menu.
What is Section 8?
The Section 8 program was created by the federal government to assist low-income individuals and families with finding affordable private housing. To learn how you can become a member of this assistance program, download our helpful guide today. Beneficiaries of the program have a percentage of their rent covered by the government via housing subsidies, which are administered on a local level by public housing agencies or PHAs directly to landlords. Section 8 members are allowed to choose apartments, townhouses or even modest homes in this program, but the landlord must accept government subsidies in order for the provided housing vouchers to be used. Learn more about how you can qualify for housing assistance and discover the steps to file an application by clicking here.
How much will my housing subsidy be?
As a Section 8 beneficiary, you will pay the difference between your landlordâ€™s rent amount and how much your housing subsidy covers. To find out how you can get a housing subsidy, download our guide now. If you are accepted into the Section 8 program, your public housing agency will calculate the maximum assistance you can receive. Your maximum housing assistance will either be the total rent of your apartment/home minus 30 percent of your adjusted monthly income or it will be the payment standard less 30 percent of your adjusted monthly income, whichever amount is lower. To find out how Section 8 can benefit you today, click here.