4 Basic Types Of Section 8 Programs You Need To Know
Section 8 programs, also known as Housing Choice Voucher programs, provide low-income families or individuals with housing assistance in paying for rent. There are four basic types of Section 8 programs:
1. Tenant-Based Housing Choice Voucher (HCV)
Tenant-Based Housing Choice Voucher (HCV) is a rental assistance program funded by the federal government. The program allows eligible families to receive a voucher that they can use to pay a portion of their rent to a private landlord. The amount of the voucher is determined based on the family's income and local rental market conditions.
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