Updated about 1 year ago on . Most recent reply
Rent Increase on Section 8 home
Hello,
I have a home that I lease out to tenants on section 8. They are set in a one year lease. However, the property taxes increases in my area and now the rent no longer covers the mortgage. I’ve asked the housing authority over my section 8 rebates if I could increase the rent and they said not until the renewal which is not until April 2025. I need to make up the difference somehow. Does anyone have any advice for this situation?