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Rent Supplements_Rental Housing for Lower Income Families

Rent Supplements_Rental Housing for Lower Income Families
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ELIGIBILITY REQUIREMENTS
    · Functional Categories
        Cooperatives, Rental
Multifamily
    · Applicants
        Individual/Family
Specialized Group (Health Professional, Student, Veteran)
Profit Organization
Private Nonprofit Institution/Organization (Includes Institutions Of Higher Education, Hospitals)
    · Applicant Eligibility
        Eligible sponsors included nonprofit, cooperative, builder-seller, investor-sponsor, and limited-distribution mortgagors.
    · Beneficiaries
        Individual/Family
Veteran/Service person/Reservist (including dependents)
Handicapped (e.g. Deaf, Blind, Crippled)
Physically Afflicted (e.g. TB, Arthritis, Heart Disease)
Senior Citizen (60+)
Low Income
    · Beneficiary Eligibility
        Families must be within the income limits prescribed for admission to Section 8 housing in order to qualify for benefits under this program. Families may continue in occupancy if 30 percent of monthly income exceeds the market rent.
    · Credentials/Documentation
        Applications for new projects are no longer being accepted. This program is excluded from coverage under OMB Circular No. A-87.

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Rent Supplements_Rental Housing for Lower Income Families

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