What is the name of the federal rent subsidy program?

What is the name of the federal rent subsidy program?

• A. Pathway to Purchase
• B. Section 8
• C. Landlord Tenant Act
• D. Protecting Tenants in Foreclosure Act

Answer: (B)

The federal rent subsidy program is known as Section 8. This program provides assistance to low-income families, the elderly, and individuals with disabilities to help them afford housing in the private market. Under this program, eligible participants receive vouchers that cover a portion of their rent, allowing them to pay only a small percentage of their income towards housing. The remaining amount is subsidized by the government directly to the landlords. This makes housing more accessible for those who might otherwise struggle to afford it, fostering stability in communities and reducing homelessness. The other choices listed are related to housing but do not refer specifically to a federal rent subsidy program. For instance, Pathway to Purchase is focused on homebuyer assistance, the Landlord Tenant Act pertains to the regulations governing the landlord-tenant relationship, and the Protecting Tenants in Foreclosure Act addresses tenant protections during foreclosure but is not a rent subsidy program. Thus, Section 8 is the correct identification of the federal program aimed at making rent more affordable for eligible renters.

The federal rent subsidy program is known as Section 8. This program provides assistance to low-income families, the elderly, and individuals with disabilities to help them afford housing in the private market. Under this program, eligible participants receive vouchers that cover a portion of their rent, allowing them to pay only a small percentage of their income towards housing. The remaining amount is subsidized by the government directly to the landlords.

This makes housing more accessible for those who might otherwise struggle to afford it, fostering stability in communities and reducing homelessness. The other choices listed are related to housing but do not refer specifically to a federal rent subsidy program. For instance, Pathway to Purchase is focused on homebuyer assistance, the Landlord Tenant Act pertains to the regulations governing the landlord-tenant relationship, and the Protecting Tenants in Foreclosure Act addresses tenant protections during foreclosure but is not a rent subsidy program. Thus, Section 8 is the correct identification of the federal program aimed at making rent more affordable for eligible renters.