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Housing Choice Vouchers overview

The Housing Choice VoucherOfficially known as "Section 8 Housing Choice Voucher". It is the largest and most sought after housing program in America. Section 8 HCVs are managed by various public housing agencies (most commonly referred to as housing authorities), which falls under the supervision of HUD. Program participants typically pay 30% of the rent, and the rest is covered by the HCV. program helps participants afford to live in privately owned rental housing of their choice.

Administered by HUD and managed at the local level by public housingA federal program dedicated to providing decent and safe rental housing for low-income families, older adults, and persons with disabilities. There are around 1.2 million houesholds residing in public housing units, managed by over 3,000 housing authorities. Programs differ in types and sizes. agencies (PHAs), it is the largest HUD rental assistance program. Participating households are responsible for finding a rental unit that meets program standards and has an owner who has agreed to accept the voucher. The household then contributes a share of its income (approximately 30 percent) towards rent and utilities while the PHA pays the balance due directly to the landlord, up to a locally determined maximum based on HUD’s established Fair Market Rents. Income guidelines and other broad eligibility criteria for the voucher program are established by federal rules; however, PHAs have some discretion to use the program creatively to address local needs and policy goals, such as ending homelessness or improving access to resource rich neighborhoods.

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