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The family rents an apartment at a cost that is affordable. The family pays 30% of their adjusted income for rent. The apartment is owned by a private owner who receives subsidy from HUD for a specific building. The assistance is tied to the unit. Rent is paid to the manager of the building.
NOTE: WorkWORLD will calculate eligibility and payment amounts for Section 8 Project-Based rental assistance. Go to the Section 8 area of WorkWORLD once you have located a specific rental unit.
In order to receive this assistance the family applies to the manager of the apartment building. The family usually needs to be low income. If an apartment is not available at the time of application the family will be put on a waiting list. The rent the family pays is based on their adjusted income. There are also several income exclusions, such as PASS and local job training programs. The family's portion of the rent is 30% of their adjusted income. The family is to report all increases in their income. If an increase in income is the result of income that is not part of an approved income exclusion, the rent will increase.
· Welcome and Introduction to Benefits in Iowa
NOTE: If you have access to the Internet, more information is available at: http://www.hud.gov/progdesc/voucher.html
Regulations regarding this program can be found at 24 CFR Part 886.
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