What Is The Difference Between Nycha Section 8 And HPD Section 8?
HPD's Section 8 payment standard is set at a percentage between 90% - 110% of NYC's Fair Market Rent (FMR). ... Section 8 tenants are required to pay 30% of their income towards gross rent (rent to owner + any tenant paid utilities). HPD pays the difference between the tenant rental share and the HPD payment standard.
In order to be considered eligible to receive a Section 8 transfer voucher you must be a tenant in good standing with both NYCHA and your current landlord (ex. you cannot be facing termination of your tenancy for failure to recertify or allow inspection, and you must be current in paying your portion of rent).
TeNANT TRANsfeRs - NYC.gov
NYCHA administers the largest Section 8 program in the country. Approximately 85,000 Section 8 vouchers and over 25,000 owners currently participate in the program. The New York City Housing Preservation & Development and New York State Homes and Community Renewal also operate Section 8 programs in New York City.
About Section 8 - NYCHA - NYC.gov
There are two main types of Section 8 housing:. Tenant-Based. This is the Housing Choice Voucher, and it's attached to you, the applicant. ... Project-Based. The other type of Section 8 is called the Project-Based Voucher, and it's connected to a specific property.
What Is Section 8 Housing? - Experian
What Is the Difference between Section 8 Project-Based Rental Assistance and “Project-Based Vouchers”? ... In contrast to other forms of project-based rental assistance, families using project-based vouchers retain the ability to keep rental assistance when they move to a new location.
Policy Basics: Section 8 Project-Based Rental Assistance