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Section 8 - Housing Choice Voucher (HCV) Program.

NYCHA owns, controls, and manages the property, and there is no private manager. NYCHA remains permanent owner of the land/buildings and enters into a long-term ground lease with the Trust to secure Tenant Protection Vouchers, a subsidy worth double NYCHA's current federal subsidy.

The program works as a rental subsidy that allows families to pay a reasonable amount of their income toward their rent. Eligible families will receive a voucher to begin searching for housing. Generally, families will pay no more than 40 percent of their adjusted monthly income toward their rent share.

Lisa Bova-Hiatt is Chief Executive Officer of the New York City Housing Authority, effective July 6, 2023.

The Housing Choice Voucher Program, also known as Section 8, is the federal government's program for assisting low-income families, the disabled, and the elderly afford housing.

RAD-PACT conversions, however, are moving full steam ahead. The program intends to convert 62,000 units to these public-private partnerships by 2028, in which NYCHA will continue to own the developments while granting a 99-year lease to private companies or nonprofits put in charge of repairs and daily operations.

The New York City Housing Authority (NYCHA) Housing Choice Voucher (HCV) Program, also known as Section 8, is a federally funded program that provides rental assistance to eligible families so they can obtain affordable housing in the private rental market.

In order to be considered eligible to receive a Section 8 transfer voucher you must be a tenant in good standing with both NYCHA and your current landlord (ex. you cannot be facing termination of your tenancy for failure to recertify or allow inspection, and you must be current in paying your portion of rent).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232