Agenda - Council - 08/28/1984 - Laserfiche WebLink

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METROPOLITAN COUNCIL MOUSING .4liD 'REDEVELOPMENT AUTHORITY 300 METRO SQUARE BUILDING, ST. PAUL, MINNESOTA PENT ASSISTANCE PROGRAM WHAT IS THE RENT ASSISTANCE' PROGRAM? Section 8 of the Mousing and Community Development Act of 1974 authorizes the federal government to pay rent for lower income households who are residing in privately owned dwelling units. To qualify: ' . 1. Household income cannot exceed 80% of the median income for the area;. 2. The rental unit .must pass the minimum,housing quality standards established for the program 3. The rent for the.dwelling unit, including the cost of all utilities, must not exceed the maximum Fair Market Rent established for that unit. size in the area. Qualified households pay 30% of their monthly income toward the rent. The remainder of the monthly rent paid by the federal government through the Department of Mousmng and Urban Development (HUD) as a rent assistance payment to the owner. The method of payment to the owner varies according to the type of program. There are four: ! ! Section 8 New Construction and Section 8 Subst'antial Rehabilitation programs provide rent assistanch payments directly to-developers of new rental units or owners who have made substantial improvements to rental property. In the Section 8 Existing Mousing and Section 8 Moderate Rehabilitat programs, MUD contracts with local, county, or regional housing housing authorities to certify qualifed households for the program and make monthly rent assistance payments on their behalf. The Metropolitan Council Mousing and Redevelopment Authority (Metro HRA) is one such agency which operates the .Section 8 Existing Mousing and Section 8 Moderate Rehabilitation programs in the Twin Cities metropolitan area.