Policy Analysis: Housing Projects and Section VIII Subsidies

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Policy Analysis: Housing Projects and Section VIII Subsidies I. Introduction The Public Policy Institute states that Section 8 project-based rental assistance contracts involving HUD and for-profit owners contracting private multifamily housing, which is made available by HUD to low-income households who qualify for housing assistance. The subsidy is such that pays the difference "between 30 percent of the household's income and the contract rent; the subsidy is paid by HUD to the landlord." (AARP Public Policy Institute, 2002) In addition, HUD has Dispersal programs for renters of Section 8 housing due to the desire of the public to avoid to concentration of poverty-level residents in urban areas. This is because there is a general consensus that Section 8 subsidized housing tends to drive down the market prices of property in the same area. There are various challenges that are faced by the Section 8 subsidized housing program as it assists low-income households obtain appropriate housing through the provision of rental assistance. II. Description of the Problem There is a large population of low-income individuals who are aged, handicapped, or otherwise in the low-income group of individuals who need assistance in obtaining appropriate housing and who, without the benefits of Section 8 subsidized housing would be homeless or living in inhumane conditions and many of these children and the elderly. Section 8 subsidized housing is a HUD program that assists

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