Govt Shutdown Delaying DCA/HCV Payments

[J. Mitchell Bernier]

For a long time, I have been a big fan of HCV/DCA, aka Section 8, payments but this past year has gotten me a little more cautious about the programs. We have been investing for over 7 years and have had some voucher tenants throughout that time. This past year with the new administration and state level changes in Georgia have made the program a bigger headache than it has ever been. 

Now, we are notified that due to the shutdown payments will be delayed and some partial payments will be sent, but no one can say when or for what amount. So, we are just sitting here waiting. Thankfully we are prepared for delays in rent payment, but I know many are not. So depending on how long this last, wouldn't be surprised to see more landlords say no to vouchers in the future. 

[Jonathan Taylor Smith]

@J. Mitchell Bernier - Yea, and this is even more true when you consider that a common provision of the HAP contract is that you cannot evict over a lack or shortfall in payment from the PHA. Its going to be a major disruption for both landlords and voucher holders. But I actually wonder if these programs go away, after the initial pain, the long term result is likely to be positive - a great increase in the number of 2-parent households. As these programs served to discouraged the male being in the home - replaced by "Daddy Government".