NYCHA administers the largest Section 8 program in the country. Approximately 85,000 Section 8 vouchers and over 25,000 owners currently participate in the program. The New York City Housing Preservation & Development and New York State Homes and Community Renewal also operate Section 8 programs in New York City.
What is the difference between Section 8 and NYCHA?
Section 8 helps low- and-moderate-income families rent homes. Generally, families pay no more than 40 percent of their monthly income toward their rent share. NYCHA pays the remaining amount to the owner on the family's behalf.
What is the difference between NYCHA Section 8 and HPD Section 8?
HPD's Section 8 payment standard is set at a percentage between 90% - 110% of NYC's Fair Market Rent (FMR). ... Section 8 tenants are required to pay 30% of their income towards gross rent (rent to owner + any tenant paid utilities). HPD pays the difference between the tenant rental share and the HPD payment standard.