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Section 8 Landlord

HUD Section 8 Renewal Guide: What Investors Need to Know

HUD Section 8 Renewal Guide: What Investors Need to Know

The HUD Section 8 program is the Department of Housing and Urban Development’s (HUD’s) flagship housing assistance program. Most Section 8 properties are governed under a Housing Assistance Payment (HAP) contract between HUD and the landlord. HAP contracts generally last between 5 and 20 years, with the majority being 20-year contracts. Most landlords are not obligated to renew their contract after it expires, but, in certain cases, some may be.