Cincinnati Metro Housing Authority running out of $$$

Cincinnati Metro Housing Authority running out of $$$

Upland, CA · Member since 2015 · 31 posts · 13 votes

Anyone hear or having issues with CMHA not funding section 8 vouchers? I see a lot of multis going up for sale, specifically section 8 units. The link below reports that the CMHA is running out of funding and freezing vouchers to recipients. The result of this is that tenants can't pay their rents and landlords hung out to dry. Has anyone experienced this before, here or in other markets? For a new investor like me, looking for props in Cinci. This is concerning.
https://local12.com/news/investigates/cincinnati-metropolita...

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  • Member since 2024 · 238 posts · 132 votes
    10mo

    New units do not mean new Section 8 Vouchers. Last I heard there was a 2 year waiting list to get a Section 8 Voucher.

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