The U.S. Department of Housing and Urban Development (HUD) has awarded the New Jersey Department of Community Affairs (DCA) an additional $1.19 million in Section 8 Housing Choice Voucher funding from to help more families rent a quality, stable home at an affordable cost.
These latest funds are in addition to the record breaking $291.6 million in annual HCV funding that DCA received earlier this year.
The Section 8 HCV program helps low-income households pay their rent by providing direct rent subsidy payments to landlords.
HUD awarded the additional funding to high-performing housing agencies in the nation. DCA has received the Section 8 High Performer designation from HUD for five years in a row.
Currently, DCA provides Section 8 housing vouchers to approximately 24,260 households across the state. The $1.19 million in added funds will allow DCA to serve approximately 92 more households, which will come from DCA’s Section 8 waiting list.
The Section 8 HCV program enables families to afford rental units in the private market.
A housing subsidy is paid to the landlord directly by DCA on behalf of the participating family. The family then pays the difference between the actual rent charged by the landlord and the amount subsidized by the program. Rental units must meet minimum standards of health and safety before people in the HCV program can move in.
DCA’s Division of Housing and Community Resources administers the Section 8 HCV program.
Section 8 was intended to help ppl going thru temporary hardships such as (short-term) unemployment WHILE SEARCHING FOR A JOB, or an unexpected financial wipe out like medical… or for single mom’s raising a family on her own.
Then pass it to the next family when you can make it on your own.
It was not intended to be a multiple-decade lottery for able-bodied ppl to pay their mortgage.
What do you mean if you get section 8 you are low income and cannot own a property?
we need to divert the money from Ukraine to send to section 8, if we stopped giving money to ukraine we could have THOUSANDS
I am a single mother raising children on my own and had to give up my Section 8 voucher this year because the rent costs were too high and Hud hasn’t updated their market rent to a reasonable amount since the insane increases we saw post COVID. Who is even qualifying for this extra funding???
Imagine this – the Revolutionary War was fought over a 2% tax by the British. Imagine if we stopped voting for Democrats and big government Republicans and got to keep our own earnings, how quickly the need for such programs would disappear!