Section 8 Landlords

Section 8 landlords section 8 vouchers help people with low incomes rent homes on the private market.

Section 8 landlords. The cares act offers relief for both landlords and renters. But section 8 tenants come with other risks as well. Proper written notice to the tenant and the housing choice voucher department.

All applicants must be interviewed by a section 8 specialist who will review the application for completeness accuracy and ensure that appropriate signatures. Please note that while the symposiums require registration they are public events and will include speakers outside of the department of hud. If you re looking to learn how to become a section 8 landlord here s a quick overview of what you need to know and how to get started.

Section 8 landlords can make good money with a lower risk of rent defaults at least on the government paid portion. In practice the voucher program will pay the balance of a rent payment that exceeds 30 of a renters monthly income. A security deposit of up to one month s rent may be charged and is paid by the tenant.

Applications will be accepted in person only at sha s administrative office located at 200 n 11th st in springfield illinois. An owner may evict a tenant for good cause the same as a private market tenant. Provide current relevant information and resources to landlords and public housing authorities related to the landlord s role in the hcv program.

With the economy and real estate markets both in precarious states the demand for section 8 housing will likely only increase in the years to come. Different housing authorities may have their own requirements but typically any landlord can use the section 8 program including private owners and property managers. The tenant s portion is a percentage of their net household income.

In order to operate a section 8 rental the local housing authority must approve both the landlord and the property itself. Property rental listings directly to public housing authority maximize rental listing exposure. Sha is currently accepting applications for the hcv program waiting list until further notice.