Wednesday, July 29, 2009

Section 8 Housing for Rent

Lately, the economy has taken a downturn and this has caused many people to lose their jobs or else have had their salary cut. People can't afford the luxury they used to and this includes their current living arrangement. To help people out of this dire situation, HUD created section 8 housing for rent in which HUD subsidizes the rent.

I have plenty of friends that have applied to this program. It seems like most of them did not want to apply for the program but they have no choice. They were laid off from their jobs and just don't make the same amount of money that they used to. Because of this, they could only afford a place that was subsidized by the government. Even then, it is still pretty hard to get by. Since they used to live pretty well off, they thought that government housing was not very good. I told them that this was not the case. Most of the time, the homes are in good shape. The reason that landlords accept section 8 tenants is that they get guaranteed payment from the government.

After I explained to my friends about the program, they seemed less hesitant about it. Besides, it would only be a temporary situation until they got back on their feet again.