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Updated over 5 years ago on . Most recent reply

User Stats

432
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420
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Karen F.
  • Investor
  • San Diego, CA
420
Votes |
432
Posts

Have Section 8 allowables been cut in New Britain?

Karen F.
  • Investor
  • San Diego, CA
Posted

I currently have a few apartments available in multifamily buildings in New Britain.  I've had a couple of Section 8 applicants who are telling me that the amounts the housing authority is allowing are much lower (15 -20% lower) than what I am currently being paid by Sec 8 for other identical units.  Of course, I will not contract with them for such rates - I can rent it on the open market for much more.

Has anyone seen that the housing authority has cut what it will allow for a unit in New Britain or surrounding areas?

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