The Housing Choice Voucher Program administers over 17,000 Section 8 tenant-based subsidy vouchers each year. The Section 8 program provides assisted rental housing through the participation of private landlords in the community. The Houston Housing Authority is responsible for contributing about $100 million to the local economy each year through its payments to participating landlords.  The Houston Housing Authority has a vast waiting list of applicants looking to rent in the near future putting Section 8 landlords in high demand. 

Understanding Section 8

The Section 8 program, administered by the local Housing Authority, aims to provide affordable housing for low-income individuals and families. There are many benefits of renting to Section 8 tenants:

• Guaranteed Rent: Enjoy a steady income as a portion of the rent is paid directly by the government and directly deposited into the landlord's account before the 3rd of each month.
• Wider Tenant Pool: Increase in potential tenants, reducing vacancy periods.
• Free advertising of available units using the Housing Authorities Social Serve portal.
• Community Support: Contribute to affordable housing initiatives and enhance your standing in the community.
• Housing payments were consistent through COVID
• The landlord receives market rent that is comparable to non-housing voucher rents in the area.

How the Process Works

Section 8 process involves tenant application, property inspection, and lease agreement. Tenants pay a portion of the rent, fostering a sense of responsibility.

All properties have to pass inspections performed by designated housing authority inspectors.  The rent payment will not be covered until the property passes inspection.  A checklist is provided by the housing authority so that landlords can prepare the property in advance of locating a tenant. 

Tenant Selection

Landlords are responsible for their own screening of Section 8 applicants and should consider factors beyond voucher status. The Educator's Real Estate Team is able to conduct a comprehensive background check on all applications using the SmartMove portal. Applicants are responsible for paying the application fee as well as security deposits set forth by the landlord. 

It is also important that landlords understand the Fair Housing Act and local regulations related to Section 8 housing to ensure compliance and avoid discrimination.

Next Steps

Renting to Section 8 voucher holders offers numerous benefits, including guaranteed rent, a wider tenant pool, and community impact. By understanding the process, maintaining property standards, and fostering clear communication, landlords can contribute to affordable housing solutions while enjoying a stable rental income. Explore this option and consider the positive impact it can have on both your property and the community. Reach out to The Educator's Real Estate Team at 713-204-8345 for more information on becoming a Section 8 Landlord TODAY!