Community Development Corporation Of Long Island

About This Building

Heading 1: The Housing Choice Voucher (HCV) Program: Assisting Low-Income Families The HCV program, administered by the United States Department of Housing and Community Development (HUD), aims to offer rental assistance to low-income families utilizing Federal funds. With over 2 million individuals benefiting from the program annually nationwide, it is commonly known as Section 8. Heading 2: Flexibility in Location and Housing Choices Program participants have the freedom to choose their place of residence anywhere in the United States, with some initial residency requirements. They can also select their own units, as long as they meet HUD's affordability and safety standards. Heading 3: Rental Assistance and Responsibilities Once a lease agreement is signed by both the tenant and the landlord, the tenant family assumes responsibility for a portion of the rent based on their income. The HCV program directly pays the remaining amount to the landlord. Heading 4: Voucher HomeOwnership Program: Ensuring Homeownership for Lower-Income Individuals Recognizing the aspirations of lower-income individuals and those dependent on assistance programs, our Voucher HomeOwnership Program offers additional subsidies and innovative financing options to make the dream of owning a home achievable.