Friday, August 19, 2016

Section 8 Vouchers to Be Used to Buy Property, Not Just Pay Rent

As of late July, those who are supported by welfare are able to purchase manufactured homes using federal rent vouchers. Signed into law by President Obama, this bill allows low-income families to not only pay rent with their Department of Housing or Urban Development Section 8 vouchers, but to make mortgage and insurance payments on mobile homes, as well as pay property taxes.

Many see this as an incredible opportunity for low-income families to be able to own property, including senior vice president and chief lobbyist for the Manufactured Housing Institute Leslie Gooch: “the legislation is an important step in helping low-income families achieve home ownership.”


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