Government Shut Down and Section 8

6 posts by 6 users

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Kyle Meyers

Residential Landlord from Indianapolis, Indiana

Apr 08 '11, 02:39 AM

Does anyone know how the possible government shut down effects section 8?

Bill Gulley

Investor, Entrepreneur, Educator from Springfield, Missouri

Apr 08 '11, 03:32 AM
3 votes

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 (GREA) Training is GREAT Generalrealestateacademy.Com

Brendan J.

Homeowner from Knoxville, Tennessee

Apr 08 '11, 03:42 AM

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.

J Scott Verified Moderator Donor

Investor / Business Guy from Ellicott City, Maryland

Apr 08 '11, 07:05 AM

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...

Medium lishproplogoJ Scott, Lish Properties, LLC
E-Mail: [email protected]

Rob Gillespie Verified Video

Real Estate Investor from Cleveland, Ohio

Apr 08 '11, 07:07 AM

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
E-Mail: [email protected]
Telephone: 330-800-9090
[email protected] 330 800 9090

Ophelia Nicholson

Involved In Real Estate from Hyattsville , Maryland

Apr 08 '11, 10:07 AM

I've heard that stuff like Social Security will be paid so probably section 8 will also be paid.

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