Section 8 Substantial Rehabilitation

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:affordable_housing
gptkbp:administeredBy gptkb:U.S._Department_of_Housing_and_Urban_Development
gptkbp:appliesTo Privately owned multifamily properties
gptkbp:benefit Long-term rental contracts for owners
gptkbp:eligibility Property must undergo significant renovation
Tenants must meet income limits
gptkbp:establishedIn 1974
gptkbp:fundedBy gptkb:government
https://www.w3.org/2000/01/rdf-schema#label Section 8 Substantial Rehabilitation
gptkbp:monitors HUD and local Public Housing Agencies
gptkbp:ownerReceives Subsidy for difference between tenant payment and contract rent
gptkbp:partOf Section 8 Housing Assistance Program
gptkbp:provides Project-based rental subsidies
gptkbp:purpose Provide rental assistance for low-income tenants
gptkbp:regulates Rent levels and tenant selection
gptkbp:relatedTo gptkb:Section_8_New_Construction
Section 8 Existing Housing
gptkbp:requires Substantial rehabilitation of housing units
gptkbp:status Program no longer accepts new properties
gptkbp:targetAudience Low-income households
gptkbp:targetUser gptkb:Housing_Assistance_Payments_(HAP)_contract
gptkbp:tenantPays 30% of adjusted income for rent
gptkbp:bfsParent gptkb:Project-Based_Section_8
gptkbp:bfsLayer 7