{"id":535,"date":"2022-01-11T11:38:37","date_gmt":"2022-01-11T16:38:37","guid":{"rendered":"https:\/\/handsomehomebuyer.com\/?p=535"},"modified":"2022-01-11T11:38:37","modified_gmt":"2022-01-11T16:38:37","slug":"the-top-3-subsidized-rental-programs","status":"publish","type":"post","link":"https:\/\/ecommercewebhub.com\/dev\/Handsome-homebuyer\/the-top-3-subsidized-rental-programs\/","title":{"rendered":"The Top 3 Subsidized Rental Programs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">As an indication of my belief in the value of subsidized rentals, approximately 85% of my rental portfolio consists of tenants that are subsidized. There is a misconception that \u201cSection 8\u201d encompasses all subsidized housing, but Section 8 is a specific program with unique criteria for becoming a Section 8 landlord.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With that in mind, the Top 3 subsidized rental programs are (in no particular order):<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Section 8 \u2013 Section 8 is a voucher-based program which is held individually by each township. Islip has its own Section 8, Brookhaven has its own, and so on. I\u2019ve previously <\/span><a href=\"https:\/\/handsomehomebuyer.com\/why-i-love-section-8-tenants\/\"><span style=\"font-weight: 400;\">written at length<\/span><\/a><span style=\"font-weight: 400;\"> about why working with Section 8 tenants is great for investors. Local agencies frequently hold forums where you can learn more about how the program works.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CDC \u2013 Community Development Corp. This is a not-for-profit agency funded by the government. Their tenants can be placed anywhere in Nassau or Suffolk County. This is an excellent subsidy, and many of my tenants come from this program. The overwhelming majority of them are excellent tenants. You can find out more about this organization <\/span><a href=\"http:\/\/www.cdcli.org\/\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Options for Community Living \u2013 This is another not-for-profit agency funded by the government, particularly receiving funds through Medicare and Medicaid. Typically, they rent whole houses and place individuals in each room. The tenants have caseworkers that oversee them, and the organization offers many different programs. They\u2019re an excellent organization to work with, I\u2019ve rented entire apartment buildings to them with great success. Find out more about them <\/span><a href=\"http:\/\/optionscl.org\/\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These programs are the best on Long Island, but there are many other excellent organizations worthy of your consideration.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One additional note: There are negative stigmas that surround Section 8 and other forms of subsidized housing, but these are overstated and the benefits of working with housing subsidies greatly outweigh any potential problems you might encounter. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As an indication of my belief in the value of subsidized rentals, approximately 85% of my rental portfolio consists of tenants that are subsidized. There is a misconception that \u201cSection 8\u201d encompasses all subsidized housing, but Section 8 is a specific program with unique criteria for becoming a Section 8 landlord.\u00a0 With that in mind, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Top 3 Subsidized Rental Programs - Handsome Homebuyer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ecommercewebhub.com\/dev\/Handsome-homebuyer\/the-top-3-subsidized-rental-programs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Top 3 Subsidized Rental Programs - Handsome Homebuyer\" \/>\n<meta property=\"og:description\" content=\"As an indication of my belief in the value of subsidized rentals, approximately 85% of my rental portfolio consists of tenants that are subsidized. 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