Types Of Housing Vouchers
1. Section 8 Voucher
Section 8 Vouchers are a form of government housing assistance provided by the U.S. Department of Housing and Urban Development (HUD) to help low-income families or individuals, the elderly, and the disabled afford safe housing.
2. HCV Homeownership Voucher
The HCV Homeownership Voucher provides financial assistance to eligible participants to help pay for monthly mortgage payments, property taxes, and homeowners insurance. The program allows participants to use their voucher to purchase a home from any eligible seller as long as the home meets certain requirements for safety and habitability.
3. Project-Based Voucher
The Project-Based Voucher (PBV) program is also a type of federal rental assistance program that helps people pay rent for a specific unit, helping to create mixed-income communities and improve neighborhoods.
4. Project-Based Rental Assistance (PBRA)
Project-Based Rental Assistance (PBRA) is a type of HUD housing program, which provides rental subsidies to low-income tenants who live in specific units that have been set aside for low-income families or individuals.
5. Tenant-Based Housing Choice Voucher (HCV)
The Tenant-Based Housing Choice Voucher (HCV) is a federally funded program that provides rental assistance to eligible families. These families receive a voucher that they can use to pay a portion of their rent to a private landlord.