Frequently Asked Questions
What is HUD?
HUD stands for Housing and Urban Development. It is a federal program and cabinet of the United States that has been in existence since 1965. Matters related to home ownership and rental falls within the jurisdiction of HUD. This includes safety issues, housing discrimination, senior housing, home repair and homeowner’s insurance.HUD also handles a number of initiatives designed as incentive programs for specific sectors of society, such as low-income families. (Source: US Department of Housing and Urban Development/HUD)
What is the Section 8 rental assistance program?
Section 8 rental assistance program refers to a federal program in the United States that is designed to help low and moderate income families and individuals rent privately owned housing or apartments. Section 8 refers to the part of the U.S. Housing Act of 1937 that implemented this program originally. It is administered on a national basis by the Department of Housing and Urban Development (HUD) and locally by public housing authorities (PHAs) and other organizations. The program allows tenants to pay approximately 30% to 40% of their income towards their monthly rent, while the PHA pays the remainder of the rent.
Is there more information available on HUD programs?
Yes, click on the following link for more information on HUD Programs: http://portal.hud.gov/hudportal/HUD?src=/topics/rental_assistance/phprog DEAD LINK