Voucher Program Changes Will Increase Choices
Two modifications help renters in a tight market
The Portland metro area's hot rental market means rising rents, fewer vacancies, and more competition for a place to live. Home Forward has made two changes to make it easier for participants in its Housing Choice Voucher program to find a home with their Section 8 voucher. The first provides more flexibility with a landlord who prefers shorter leases: the agency now will accept six-month initial leases in addition to 12-month initial leases, which offer greater stability.
The second change involves increasing payment standards - the maximum subsidy a voucher can provide - for one and two bedroom units in areas that have become much less affordable. The new payment standards make a wider range of rental choices available to Section 8 participants who wish to live in inner central Northeast, inner central Southeast, Northwest, and downtown Portland. They will not be available in census tracks within those areas that have poverty rates above 20%, to encourage housing choices in areas with lower poverty.
Learn more about the program changes>