Section 8 bedroom number voucher vs actual unit
have been looking at disclosures, analyzing deals and interested in getting into section 8 in Oakland.
What is the rule regarding bedroom size when determining the FMR value?
I remember reading somewhere it’s the SMALLER of the voucher bedrooms and the actual unit bedrooms.
However, I do see a case of 1 bedroom voucher living in 2 bedrooms units approved for $2100 in East Oakland.
Maybe it’s up-to OHA to decide, and there’s not a universal rule for that?
The concern is if there’s less 3bedroom voucher holders than available 3 bedrooms units, then there’s a supply demand risk and that has to be factored into the value when dealing with section 8. 2bedrooms should be fine, but not 3bedrooms and above.
Does this concern makes sense at all?