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Axel Bennett
Axel Bennett

How To Become Section 8 Landlord ((NEW))


The U.S. Department of Housing and Urban Development (HUD) provides funds to local public housing agencies, or PHAs, who in turn issue vouchers to qualifying renters. Once a Section 8-qualified renter signs a lease at an approved residence, the PHA pays a portion of the rent directly to the landlord or property manager, effectively subsidizing the rental cost for the tenant.




how to become section 8 landlord


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To begin receiving Section 8 tenants, start by contacting your local PHA to inquire about Section 8 housing landlord requirements. Each state has its own housing authority office, and many cities and counties also have their own PHAs. Local city or county PHAs typically issue and administer Housing Choice Vouchers, although some state PHAs do as well. After getting your initial questions answered, you can follow these general steps:


The HUD has a website that prospective tenants can use to find qualifying low-income housing. As a Section 8 landlord, you can advertise your rental property on the site. Your local PHA might also run a rental listing website you can use.


Becoming a Section 8 landlord will not only help people in need but will give you peace of mind knowing you will be receiving income every month. If you are interested in starting or expanding your investment portfolio continue reading.


Section 8 programs receive money from the U.S. Department of Housing and Urban Development to pay landlords to provide housing for lower-income families. While the programs pay the landlord, the tenants will pay a predetermined rent amount. The amount tenants pay is determined by their income and is usually 30% of their monthly income.


As a landlord, you will be responsible for screening and approving your tenants but the programs have partially vetted them and approved them for the program. The program will not select tenants for you.


In your job as a landlord, you will be responsible for keeping things professional and resolving issues quickly. Your property will also have an inspection once a year and you could lose government funding if you haven't maintained property standards.


There is some extra paperwork with becoming a Section 8 landlord. You will need to fill out an application with your local housing authority. Sacramento county has lots of resources and will help you with your application.


The truth of the matter is that the Section 8 program can work wonders for some landlords. The housing authority is not that difficult to work with, the properties rent faster, and the tenants are not much different from others. However, with that said, how well it will work for you largely depends on how you run your business.


For example, large property management companies can easily handle the extra work that accompanies Section 8, while private landlords may not have the time to invest in the program. Landlords should thoroughly measure Section 8 pros and cons so as not to miss out on a potential source of rental revenue.


The Section 8 process is fairly straightforward. In order to operate a Section 8 rental, the local housing authority must approve both the landlord and the property itself. Different housing authorities may have their own requirements, but typically any landlord can use the Section 8 program, including private owners and property managers.


As a landlord, the goal is to rent your property quickly to tenants who will pay in full and on time. Therefore, one way to increase the applicant pool is to become a Section 8 landlord. By working with the Pennsylvania Housing Authority, owners can get approved for a housing program for low-income families and still receive the full rent. However, one key difference is a portion of the rent will come from the state. So, is becoming a Section 8 the right choice for your rental portfolio? Continue reading below as we discuss the process of becoming a Section 8 landlord in PA, along with the pros and cons and tips to be successful.


In Pennsylvania, the Section 8 landlord requirements are pretty straight forward. As long as landlords follow the correct process and supply all of the necessary documentation, they can accept Section 8 tenants. However, before taking vouchers, landlords must complete the following steps with the local Housing Authority.


As with any business decision, rental owners must weigh the pros and cons before becoming a Section 8 landlord in Pennsylvania. Therefore, to help with your decision, check out our list of important considerations below.


While the Michigan State Housing Development Authority (MSHDA) performs screenings on adult household members using the State of Michigan ICHAT and OTIS systems, and the National Dru Sjodin Sex-Offender Registry, the landlord/owner is responsible for screening the family and deciding to lease to the family, just as the landlord/owner would with any other potential tenant.


Additionally, tenants and landlords have obligations under the MSHDA HCV program. When tenants select a housing unit, they are expected to comply with the lease and the program requirements, pay their share of rent on time, maintain the unit in good condition, and notify their MSHDA Housing Agent of any changes in income or family composition.


The landlord cannot occupy the rental unit, nor be related to any member of the participant family. Relatives include parents, children, grandparents, grandchildren, sister, brother, stepfamily, or in-law of any member of the family who will live in the assisted unit. An exception may be granted if it is necessary to provide reasonable accommodation for a family member with disabilities.


The unit will be inspected by the MSHDA Housing Agent and must comply with HUD's minimum Housing Quality Standards (HQS). The landlord/owner is responsible for any repairs required to keep the unit in compliance with HQS as notified by MSHDA. Required repairs must be made in order for MSHDA to begin or continue making rental payments.


MSHDA will provide the owner with the required documents to complete in order to be registered as a payee on the State of Michigan's payment system. More information on payments can be found here: -choice-vouchers-landlords---payment-information


After the initial lease term has been completed, and annually after that, a landlord/owner may request contract rent increases. The request for a rent increase must be received by the MSHDA Housing Agent and the tenant at least 60 days prior to the requested effective date of the change. Once the rent increase request has been received by the MSHDA Housing Agent, a review will be done to ensure that the rent requested does not exceed the rent charged for comparable, unassisted units in the same market area. See above for more information on rent reasonableness.


The Section 8 housing program encourages landlords to provide affordable rental housing. Landlords receive guaranteed rent payments each month, along with prescreened tenants, courtesy of the federal and state governments.


According to the Fair Market Rents Documentation System from HUD, the fair market rent for 2022 is $1,825 per month in the Phoenix-Mesa-Scottsdale MSA. If a Section 8 tenant has a housing voucher for $1,500, a landlord would receive $1,500 from the local PHA and the tenant would be responsible for the remaining $325 each month.


With affordable housing in increasingly short supply, many owners are wondering if they should become a Section 8 landlord. In addition to helping the local community, a landlord may benefit from having a consistent supply of tenants for a Section 8 home.


Landlords may be able to raise the rent each year, based on the change in the local fair market rent as determined by HUD. For example, a landlord with a Section 8-approved 3-bedroom home in the Miami, Florida metropolitan is allowed to raise the rent by 7.4% for the upcoming year (2021 vs 2022).


Before being accepted into the Section 8 program, a tenant must undergo pre screening conducted by the local PHA. Adult applicants are required to have their income verified, pass a criminal background check, and be tested for drug use. However, even though a tenant must meet certain standards to receive a housing voucher, a landlord may still wish to conduct their own tenant screening.


Most cities around the country have a waiting list for Section 8 rentals. When a home does become available, there may be a number of potential tenants applying for the same home, especially in an area where the demand for Section 8 housing exceeds the supply. Because of the consistent demand for Section 8 approved homes, tenant turnover is usually relatively low, which helps to make rental income and turnover costs more predictable for a landlord.


In addition to most markets having a waiting list of tenants looking for a Section 8 home, many PHAs offer a free website where a Section 8 landlord can list an approved home for rent. Advertising and marketing costs are reduced, because the home is immediately targeted to pre-qualified applicants.


When a new Section 8 tenant moves in, the first rent payment from the local PHA may be delayed 1-2 months due to processing delays. Because of the delay in the initial payment, a Section 8 landlord must have enough cash on hand to pay the mortgage and operating expenses for the first several months.


HUD determines the annual fair market rent in each real estate market, and the amount that the rent can be increased. That effectively puts a cap on how much rent a landlord can charge a Section 8 tenant.


For example, assume HUD determines that the fair market rent is $1,500 per month even though market rents are actually $1,800. The most a landlord can charge a Section 8 tenant using a housing voucher is $1,500 per month.


The first step to becoming a Section 8 landlord is to contact the local public housing authority. HUD maintains a list of PHA contact information for each city and state. To apply for the Section 8 program, a PHA will require some general information about the landlord and the property including:


Once the unit is rent-ready, a landlord and the local PHA office will sign a series of documents to allow a landlord to receive rent from a housing voucher. Most PHA offices will help a landlord to market the property to find potential tenants for a Section 8 property.


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