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Updated almost 4 years ago,

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Max T.
  • Investor
  • Philadelphia, PA
3,341
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3,930
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Philadelphia PHA (Section 8) Fair Market Rent Determination

Max T.
  • Investor
  • Philadelphia, PA
Posted

I have no experience with the Philadelphia housing choice voucher (section 8) program. But I have done some research. I'm considering partnering with this program for a possible next investment and have come across this just released fair market rent determination guide:

Are these numbers guaranteed? If not, how can you figure out how much you can rent your unit for? I've heard that the PHA doesn't tell you until the end of the process, which can take quite a while. This is all done after you screen your prospective tenant. For example - I am looking at a property with 1 and 2 bedroom units in 19144 and trying to determine what I can rent them for through HCV.

If you have experience with the program here in Philly (Philadelphia) can you chime in? Please don't bother if you are in a different area as I'm aware things are done quite differently here.

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