What is it?
The Section 8 Voucher program, funded by the U.S. Department of Housing and Urban Development (HUD) and administered by the Tennessee Housing and Development Authority (THDA), helps people who are earning a low-income afford decent and safe housing. Over 20,000 people in Tennessee receive help with their rental payments through this program.
What do you get?
You may receive a Section 8 housing voucher to help you pay your rent and, if you qualify, your utilities. The amount of the voucher varies, but it will reduce your rental payments to an amount between 30 and 40 percent of your family’s monthly gross adjusted income. Additionally, if you qualify for the THDA Mortgage and Down Payment Assistance Program, you can use the voucher towards your monthly mortgage costs, instead of rent.
How long do you get it?
Once you are approved for the voucher, you have up to 60 days to locate an eligible apartment. In some cases, the voucher grant will be extended until you find an apartment. As long as you remain eligible for the program, THDA will make monthly voucher payments directly to the landlord.