What are Housing Vouchers?
Housing vouchers provide an opportunity to many American families that would otherwise be unavailable to them: decent housing that is nonetheless affordable. Funded by the federal government, this program is designed to provide financial assistance to low-income households, as well as elderly and disabled individuals. Who Provides Housing Vouchers? Housing vouchers are distributed by each U.S. county’s public housing agency, or PHA. These organizations receive funds from the United States Department of Housing and Urban Development (also known as HUD), which are then used to secure housing vouchers. By law, 75 percent of these vouchers must go to residents whose incomes are less than 30 percent of the area’s median income. The remaining vouchers are distributed to households with less urgent needs: those who make 50 percent or less of the area’s median income. What are the Qualifications to Receive a Housing Voucher? In addition to meeting the income guidelines, a recipient must also h
