Updated almost 4 years ago on . Most recent reply
Can Section 8 Rates Be Renegotiated?
Hey team,
I have a TH in Jacksonville with a Sec 8 tenant. Steady income, but the property is earning well below fair market rental rates for the conventional rental tenant market - roughly ~$500. Can I appeal to the Sec 8 program to increase the rental rate for the property? Or would it be better to leave the program and accept conventional tenants at higher rates? Thanks for your input!
Most Popular Reply
@Damon L. Davis yes absolutely! Reach out to the local housing authority. You can certainly negotiate and request an increase every year. Hope this is helpful.