Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago,
Moderate Rehabilitation Program ModRehab-Transition to Section 8
Hi, I purchased a building that was contracted under the HUD Moderate Rehabilitation Program (Mod Rehab) - this program no longer exists but the property was grandfathered in. We will not be renewing the HUD contract but I was looking for anyone who might have experience transitioning from that program to the voucher program. Specifically - how to go from a tenant protection voucher to an enhanced voucher? What I understand is that the enhanced voucher can pay more. Market rent is above what the Section 8 voucher typically would provide so I was wondering if there was a way to get closer to the market rent.
Additionally, under the Mod Rehab program all utilities are covered by the landlord and I wasn't sure how that works when tenants transition to a voucher so any additional info would be great.
Thanks in advance for your help.