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Good question! Several factors are used in determining the rent for a person on voucher program. First, we add the source of income for all family members who are generating an income. We then factor in the number of persons in the family. If you have assets of at least $15,000, 2% of those assets are counted as income.

The family size will dictate how many bedrooms your voucher will qualify you for. Finally, we factor in the fair market value of the rent, including essential utilities, for the dwelling that you are qualified to have a voucher for. This depends on your community or jurisdiction: no two jurisdictions on the same.

Your out of pocket rent (that is, the amount that you will actually pay) will be determined by these factors. Your rent, plus utilities, known as your total tenant payment, or TTP, should not equal more than 30% of your income.

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Q: How is rent rate determined for section 8 housing?
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What is your section 8 status?

It is a program under which your rent is determined by your income and family size. If this doesn't equal to the actual rent and the rent is a fair market rent amount, the federal Government pays the rest of the rent, known as Housing Assistance Payment, to the Landlord.


Definition of section 8 housing Michigan?

Regardless of what state you're in, the section 8 program is the same: its comprised of either public housing or a voucher that guarantees that the landlord will be paid a portion of the rent for a tenant who qualifies in the program, minus the tenant's portion of the rent, which is determined upon commencement of the program.


Will section 8 let you rent to a relative?

The Section 8 Voucher housing program helps low income families to pay their rent. Section 8 will not allow a person to rent to any relative.


how do i apply for section 8 homes for rent?

You contact your county housing ahtority.


Can you receive Section 8 housing eventhoug you Draw Social Security on your child?

The total amount that you pay rent is determined by the total income of the family, from whatever source (as long as it's legal).


Where can I find section 8 home for rent in my state?

www.hud.gov will help you find section 8 housing in your area.


How much is rent on an army base?

If you're single, you'll be living in the barracks, at no cost to you. Married personnel will either be assigned on post housing at no cost to them, or will receive a Cost of Living Allowance- the rate of which is determined by location- to rent a place off-post.


Where can you get help paying rent in Austin TX?

Try HUD or Section 8 housing.


How do I go about listing my house for rent as a section 8 house?

You can find listing for rent as a section 8 house at www.massresources.org › Housing Programs. Another good site is www.rentspeed.com


What are the qualifications needed to rent section 8 housing at Hawthorne Place Apartments in Independence MO?

Check with you local Housing Authority there.


Does section 8 pay for first and last month's rent?

Some Housing Authorities will pay the security deposit as well as the first months rent for a tenant. What I mean by rent is their portion of the rent: the tenant is still obliged to pay their portion of the rent. But very few housing authorities do this.


Is there a charge to become a section 8 landlord?

No. Not in Arkansas You do have to apply to the local housing authority to become eligible to rent as Section 8