Becoming A Section 8 Landlord: A Guide The PHA will conduct an initial property inspection and explain any specific requirements in the local market. The United States has several housing laws intended to protect the rights of both renters and homeowners, particularly against discrimination based on race or other factors. Issues such as financing of projects, caps on costs per unit, and the staffing and governance of the proposed housing authority were sorted out in conferences held at the White House. The United States Housing Act of 1937 requires that certain assistance contracts signed by owners participating in the Department's Section 8 housing assistance payment programs provide annual adjustments to According to the Washington Post, officials insist that they want to work with and not punish communities where segregation exists. Is Section 8 a good thing, or something I should avoid? Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. After the subprime mortgage meltdown and financial crisis of 2008, the U.S. government attempted to kick-start the economy through the passage of a more than $800 billion stimulus package. Big unmet need for 'medium' sized housing closer to the town centres. Additional government policies, including the inability of black veterans to purchase homes using the GI bill, further exasperated these inequities. Get immediate access to videos, guides, downloads, and more resources for real estate investing domination. In writing the decision, Justice Anthony Kennedy advised that identifying statistical disparities in housing were not enough evidence; rather, it should be evident that particular policies caused the disparity in question. 1437 note Web2UNITED STATES HOUSING ACT OF 1937 [Public Law 93-383; 88 Stat. WebUnder President Roosevelt's guidance Congress passed an impressive amount of legislation between 1933 and 1934, creating a number of relief and recovery programs, which sought to offer employment and social assistance to those in need due to the harsh economic times of the Great Depression. Households and businesses in the red zones could not get mortgages or business loans. "HUD History. Housing Timeline Flashcards | Quizlet In most cases, the Department of Housing and Urban Development is responsible for enforcing federal housing laws. And in the most flagrant cases, HUD holds out the possibility of withholding a portion of the billions of dollars of federal funding it hands out each year.. ", Rocket Mortgage. Check it out!