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Get Section 8 Project-Based Rental Assistance: The Potential Loss Of

HUD contracts with for-profit owners of private multifamily housing, who in turn make specific rental properties available to qualified low-income households. Typically, the subsidy will pay the difference between 30 percent of the household s income and the contract rent; this subsidy is paid by HUD to the landlord. Approximately 1.2 million renter households of all ages benefit from this type of rental subsidy, including 500,000 older households. Most Section 8 contracts have expired or wil.

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