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Does anyone know how the possible government shut down effects section 8?
I can't say 100%, but I would think that the obligations of the government will still be paid, it's discreationary budgets and wages that will be cut. If the government is renting the office building for the IRS office, I'm sure they willpay the rent, Sec 8 is in appropriated funds and should be paid. New obligations probably won't be made or processed. Just my guess!
Bill Gulley, General Real Estate Academy | https://generalrealestateacademy.com
My wife (a Fed) who will probably be furloughed @ 4PM agrees with the logic. From everything I've read, Bill is correct with the above answer.
I've read that Section 8 will be paid.
That said, FHA mortgages will not be funded during a government shutdown, so you're out of luck if you're planning to buy or sell a house with FHA financing...
I don't think the government will ever take money away from the poor to do nothing LOL!
Rob Gillespie, Rob The House Guy, LLC | [email protected] | 440‑426‑9134
I've heard that stuff like Social Security will be paid so probably section 8 will also be paid.
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