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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesHUD reduce section 8 rent!! 110% FMR to 90%
Eddie Ziv's profile image
Eddie Ziv's profile image
Eddie Ziv
  • Investor
  • from Mableton, Georgia
  • Member since May 25, 2009
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Eddie Ziv's profile image
Eddie Ziv's profile image
Eddie Ziv
  • Investor
  • from Mableton, Georgia
  • Member since May 25, 2009
Connect
Eddie Ziv
  • Investor
  • Mableton, GA
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General Landlording & Rental Properties

HUD reduce section 8 rent!! 110% FMR to 90%

Eddie Ziv
  • Investor
  • Mableton, GA
Posted Jul 27 2009, 15:44

I received a letter today from the Housing Authority that as part of the "Section 8 cost-saving measures" The rent payment will be reduced from 110% FMR (Fair Market Rent) to 90% of that. Does anyone else received this letter? What are the ramifications?

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