Updated almost 17 years ago on . Most recent reply
Section 8 HAP terminology
Can someone please explain these two terms found in the HAP contract:
"Initial Rent to Owner" ($583) and "Initial Housing Assistance Payment" ($453)
My tenant's rent is supposed to be $675 per month, and I was under the impression that Section 8 would be paying $583 of that each month. Given the above, was I wrong?