Posted by Pat on March 27, 2006 at 16:36:24:
Thanks Dutch! I added that URL to my favorites too!
Sec 8 Rehab/Rental Info - Posted by Marc
Posted by Marc on March 27, 2006 at 15:49:48:
I’m not even sure if I’m asking the right question, but I’m interested in finding out about government money to rehab low income multi-family housing, and the process for qualifying it as section 8. Thanks in advance for your help.
Re: Sec 8 Rehab/Rental Info - Posted by Pat
Posted by Pat on March 27, 2006 at 20:56:19:
Check with your area’s Community Development office. In my area they’ve made funds available for the purchase and rehab of buildings in theer “target areas”. Sometimes it was funds for out right purchase and rehab, at low interest rates; at other times they provided matching funds with cooperating local lenders. There may be similar programs in your area. if not, talk to them about starting one.
As a side point, these types of programs typically require that you rent to low income tenants for a year after the rehab is finished. Section 8 fits perfectly with this situation.
Re: Sec 8 Rehab/Rental Info - Posted by Pat
Posted by Pat on March 27, 2006 at 16:27:05:
Housing Authority for the city your interested in may have a web site.
Here’s the one for Austin, TX on Sec 8:
Re: Sec 8 Rehab/Rental Info - Posted by dutch
Posted by dutch on March 27, 2006 at 16:32:06:
Best place to start : www.gosection8.com
Dutch