2007-01-25 11:00:04 · 7 answers · asked by bnice 1 in Business & Finance ➔ Renting & Real Estate
Section 8 is a rent subsidy program that assists elderly, disabled, handicapped and low income families in their rental payments. Residents can pay up to 40% of their annual adjusted income toward the rental of the unit to the owner. The Housing Authority makes monthly payments directly to the owner on behalf of the family. The “housing assistance payment” is the difference between the tenant’s portion and the actual rent. The family negotiates directly with the landlord to secure rental accommodations best suited to their need and meet the housing quality requirements of the program. The landlord and the tenant have to have a signed lease. The owner also signs a contract with the Housing Authority for the same period.
2007-01-25 11:11:37 · answer #1 · answered by mandypants2006 2 · 0⤊ 0⤋
whats a section 8 landlord?
2007-01-25 11:04:37 · answer #2 · answered by kute_regina_gal 4 · 0⤊ 1⤋
First off the first answer is wrong, There is a set of rules, that you and the tenants must follow and you can get them from your local housing or section 8 office.
2007-01-25 11:03:59 · answer #3 · answered by Mystee_Rain 5 · 0⤊ 1⤋
In the british army, section 8 is for the mentally ill.
If we are on the same theme, then I don't know.
2007-01-25 11:04:39 · answer #4 · answered by Anonymous · 0⤊ 1⤋
You have to buy a land on section 8, thats it!
2007-01-25 11:04:14 · answer #5 · answered by UpNorthDownSouth 2 · 0⤊ 1⤋
You need to own dumpy homes in dumpy areas, and rent them out to dumpy people.
2007-01-25 11:02:30 · answer #6 · answered by Anonymous · 0⤊ 1⤋
INSANITY.
2007-01-25 11:04:19 · answer #7 · answered by amazingly intelligent 7 · 1⤊ 0⤋