How Section 8 Can Benefit ADU Builders?

SKS BLOG

The Housing Choice Voucher Program, which is supported by the U.S. Department of Housing and Urban Development, is sometimes known as "Section 8". The main federal program for helping very low-income families, the elderly, and the disabled afford quality, safe, and hygienic housing in the private sector is the housing choice voucher program. Participants are able to find their own housing, including single-family homes, townhouses, and apartments because housing support is given on behalf of the family or individual.

Around 4.5 million Americans live in Section 8 housing, according to the National Center for

Health in Public Housing (NCHPH) and the U.S. Department of Housing and Urban Development (HUD). It takes time to qualify as a Section 8 tenant. There are prerequisites as well as an approval procedure.

How Does Section 8 Work For Landlords

Vouchers are given to applicants who want to become tenants so they can look for approved housing. A request for tenancy approval (RTA/RFTA) form needs to be filled out by the landlord. It provides specifics on the home, including the rent, address, and utilities charges. Rental properties must first be inspected before a rental agreement is reached and signed.

Typically, 70% of the tenant's rent and utility costs are covered by Section 8 vouchers. These expenses are directly related to the bank account of the landlord. The tenant then uses their

own money to pay the final 30% of costs. But, there is a higher limit on rent. Families have the option of paying more for the apartment of their choice. They are limited to doing so, though, to a maximum of 40% of their monthly adjusted gross income.

Section 8 And ADU’s

Recently, the city of Los Angeles introduced its ADU Accelerator Program, which matches ADU owners with senior citizens looking for affordable housing. Tenant referrals and case management are provided to landlords.

ADU’s can be rented to Section 8 Tenants, helping provide more affordable housing to solve the California Housing Crisis.

Knowing which housing authority to contact is the first step for a landlord who wants to take part in the Section 8 program. There are many ways they can start this process and many programs accessible to them. The landlord has two options: they can individually identify a potential renter and submit the necessary paperwork, or they can list their vacant property on GoSection8.com.

SKS Construction can assist in plan check, permitting, and even build of your new ADU, making the process a breeze. A full-service design/build,

engineering, and construction firm, SKS Construction was established in Los Angeles, California, in 1987. SKS Construction is recognized as a leader in engineering and construction of New Construction, Seismic Retrofitting and Balcony Repairs. The SKS team is composed of in-house designers, licensed contractors, and experienced engineers around the clock to attend to your every engineering and construction need.

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