Why property owners should consider renting out to Section 8 households
“Families with Section 8 vouchers pay roughly 30 percent of their adjusted gross income toward rent, and federal housing assistance pays the remainder of the assessed fair market rent to landlords. ‘When you create a new Section 8 unit in Oakland, you’re not only expanding our supply of protected affordable housing, but you’re also helping an Oaklander be protected from displacement,’ Schaaf said.”