Section 8 Housing is one of the rental vehicles available to landlords. In our opinion, it has received an unwarranted bad reputation. Many feel the program will bring bad tenants and problems when in fact, most landlords who utilize the program are happy.
The city of Phoenix Housing Department, the largest provider of Section 8 housing in Arizona, have a web site dedicated to information about this program. Among the many topics are the benefits to landlords that we have summarized below.
There are several benefits to landlords who participate in the Section 8 Housing Choice Voucher (HCV) program, from free advertising for your unit to annual inspections of your property. There are no fees or charges assessed to property owners for services provided under the Section 8 HCV program. Also, there is no application process required for potential landlords.
The Housing Department does require that all owners joining the Section 8 HCV program register their property with the Maricopa County Assessor’s Office Residential Rental Registration program. The Housing Department also encourages certification of properties in the Phoenix Police Department’s Crime Free Multi-Housing program.How the Section 8 Housing Choice Voucher Program Works
The Section 8 Housing Choice Voucher (HCV) program provides assistance, in the form of a Voucher, to qualified families, seniors and persons with disabilities for rental units chosen by the tenant in the private market.
The city of Phoenix Housing Department provides monthly payments directly to participating property owners to offset the cost difference between tenant payments and unit rent. Tenant rent payment amounts are determined based on their adjusted income. Program applicants may choose from a variety of housing options including apartments, condos, duplexes, single-family homes and townhouses.
The Urban Team at Realty Executives
602-234-5777
