The HCVP provides what is called "tenant-based" rental assistance, so an assisted tenant can move with assistance from one unit to another. Section 8 also authorizes a variety of "project-based" rental assistance programs, under which the owner reserves some or all of the units in a building for low-income residents, in return for a Federal government guarantee to make up the difference between the tenant’s contribution and the rent specified in the owner’s contract with the government. .
Under the voucher program, individuals or families with a voucher find and lease a unit (either in a specified complex or in the private sector) and pay a portion of the rent (based on income, but generally no more than 30% of the family’s income).
The general rule is that management participation in the Section 8 program is voluntary — although depending on where you live, there may be local laws mandating that management accept a housing voucher. Yet another good reason to know the fair housing laws in your area. Or you will have to check with a lawyer like me.
Just a Thought.