Sec. 8 Renewal Cuts

[Doug B.]

In my County on our renewals Sec. 8 is cutting what they are paying. They have sent letters to tenants requesting them not to sign new lease until they meet and know what they will pay towards their rent.

Was wondering if anyone with Sec. 8 tenants are seeing a cut upon renewal. Speaking of our tenants their income has not change / or very little. What Sec 8 is reducing in payments so far we will start loosing them.

Might be my County or something that has started over the country.

Thanks