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Updated about 9 years ago,
Section 8 Questions: FMR's and Out of State Voucher Holders?
I listed a apartment for rent about a week ago and thought about possibly accepting Section 8 for the apartment. I had a few questions for the veteran Section 8 landlords on BP. They are:
1) I assume FMR's include all utilities? My water,sewer,garbage is paid by a $100 HOA monthly fee. Can I add this to the FMR? Or is this subtracted to get just the rent section of the FMR? Its a 2 Bedroom and the FMR for that county is $856. So,do I subtract off the $100 HOA fee and Electricity to get my actual rent I would be receiving?
2) This apartment is located in Northwest Indiana. The vouchers that prospects are showing me are Indiana Vouchers, but they live in Illinois! How is this possible?? I thought that people living in 1 state (say Illinois) can only get Illinois vouchers? These prospects have lived in Illinois for years and get an Indiana voucher without getting on the waitlist? Am I missing something here?