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HOUSING CHOICE VOUCHER (HCV) “Section 8”

HOUSING CHOICE VOUCHER (HCV) “Section 8”. Assist very low-income households to rent or buy…. Decent, safe, and sanitary housing. Family pays about 30% of their income toward rent….. Units are required to meet Housing Quality Standards. HCV PROGRAM Financial Eligibility.

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HOUSING CHOICE VOUCHER (HCV) “Section 8”

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  1. HOUSING CHOICE VOUCHER (HCV)“Section 8” • Assist very low-income households to rent or buy…. • Decent, safe, and sanitary housing. • Family pays about 30% of their income toward rent….. • Units are required to meet Housing Quality Standards.

  2. HCV PROGRAMFinancial Eligibility Lafayette MSA Median Family Income Guideline for a Family of Four Current guidelines set at 50% of median income. HR 1999 proposes guidelines set at 80% of median income.

  3. HCV PROGRAMAdministration • Department of Housing and Urban Development • 2400 Public Housing Agencies in U.S. • 67 in Indiana, including; • Indiana Family and Social Services Administration • Department of Family Resources (DFR) • Community Action Agencies (CAAs)

  4. HCV PROGRAMHousehold Sizes

  5. HCV PROGRAMDisabled Households

  6. HCV PROGRAMChildren Under Six

  7. HCV PROGRAMHead of Household Race

  8. HCV PROGRAMHead of Household Sex

  9. HCV PROGRAMHead of Household Age

  10. HCV PROGRAMElderly Households

  11. HCV PROGRAMHousehold Income - Earnings Percent of H’holds with Earnings Percent of Income from Earnings

  12. HCV PROGRAMPercents by Income Sources

  13. HCV PROGRAMHousehold Benefits HR 1999 allows for variations in how benefits are based. Average Gross Rent total $625 per month.

  14. HCV PROGRAMDuration On Program HR 1999 allows for time limits of five years or more (unless elderly or disabled)

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