HOUSING CHOICE VOUCHER (HCV) “Section 8” • Assist very low-income households to rent or buy…. • Decent, safe, and sanitary housing. • Family pays about 30% of their income toward rent….. • Units are required to meet Housing Quality Standards.
Dec 18, 2015
HOUSING CHOICE VOUCHER (HCV)“Section 8”
• Assist very low-income households to rent or buy….
• Decent, safe, and sanitary housing.
• Family pays about 30% of their income toward rent…..
• Units are required to meet Housing Quality Standards.
HCV PROGRAMFinancial Eligibility
59,300 100%
17,800 30%
29,650 50%
47,450 80%
Current guidelines set at 50% of median
income.
HR 1999 proposes guidelines set at 80% of median income.
Lafayette MSA Median Family Income Guideline for a Family of Four
HCV PROGRAMAdministration
• Department of Housing and Urban Development• 2400 Public Housing Agencies in U.S.
• 67 in Indiana, including;• Indiana Family and Social Services
Administration – Department of Family Resources (DFR)– Community Action Agencies (CAAs)
HCV PROGRAM Household Sizes
Five5%
Six or more3%
One 41%
Three18%
Four12%
Two21%
HCV PROGRAM Disabled Households
No Disabled 51%
Two4%
One45%
HCV PROGRAM Children Under Six
One66%
Three7%
Four1% Five
0%
Two26%
H'holds w/ children under six
23%
H'holds w/o children under six
77%
HCV PROGRAM Head of Household Race
Black11%
Asian<1% Amer Indian
<1%
White89%
HCV PROGRAM Head of Household Sex
F83%
M17%
HCV PROGRAM Head of Household Age
70--796%
80-985%
18-2916%
30-3924%
40-4923%
50-5915%
60-6911%
HCV PROGRAM Elderly Households
Two elderly1%One Elderly
19%
No Elderly80%
HCV PROGRAM Household Income - Earnings
Earnings29%
No Earnings71%
UNEARNED INCOME
69%
EARNED INCOME
31%
Percent of H’holds with Earnings
Percent of Income from Earnings
HCV PROGRAM Percents by Income Sources
Wages/ Self Emp
16%
Other 14%
Social Security
/Pensions31%
TANF 7%
SSI21%
Child Support
10%Unemp Comp
1%
HCV PROGRAM Household Benefits
Average Gross Rent total $625 per month.
Housing Assistance,
$386
Family Share, $239
HR 1999 allows for variations in how benefits are based.
HCV PROGRAM Duration On Program
16+ years3%
1-5 years63%
11-15 years7%
6-10 years27%
HR 1999 allows for time limits of five years or more (unless elderly or disabled)