GITNUX MARKETDATA REPORT 2024
Section 8 Transfer Time Statistics
Section 8 Transfer Time Statistics summarizes the average time it takes for a transfer to be completed.
In this post, we will explore the various factors influencing the transfer time for Section 8 housing vouchers. With statistics indicating the widespread impact of the program on millions of low-income households across the nation, we will delve into the intricacies of the transfer process, including wait times, portability regulations, and the role of Public Housing Agencies (PHAs) in facilitating transfers. Stay tuned to gain a better understanding of the dynamics involved in Section 8 voucher transfers.
Statistic 1
"Section 8 vouchers provide rental assistance to nearly 5 million people in over 2 million low-income households."
Statistic 2
"More than half of the households using Section 8 vouchers are headed by someone who is elderly or has a disability."
Statistic 3
"In 2020, approximately 18% of all households receiving Section 8 vouchers were families with a member who had a disability."
Statistic 4
"Some regions offer voucher mobility counseling to assist with the transition process."
Statistic 5
"Smaller PHAs may have shorter processing times due to lower volumes, whereas larger PHAs can experience longer delays."
Statistic 6
"The average wait time for Section 8 housing vouchers in major cities can range from several months to several years."
Statistic 7
"Administrative fees cover the cost for PHAs to manage the Section 8 program and facilitate transfers."
Statistic 8
"Portability restrictions sometimes apply based on the initial location the voucher was issued."
Statistic 9
"Portability regulations are covered under 24 CFR 982.353."
Statistic 10
"Transfer time depends on several factors, including the caseload of both the sending and receiving PHAs."
Statistic 11
"On average, the transfer timeline for a Section 8 housing voucher varies but typically can take 30 to 60 days for inter-city transfers."
Statistic 12
"The U.S. Department of Housing and Urban Development oversees the Section 8 program, which includes inter-jurisdictional transfers."
Statistic 13
"Inter-state Section 8 voucher transfers can take longer, often ranging from 60 to 120 days."
Statistic 14
"About 2.2 million low-income households nationwide use Section 8 vouchers to rent privately owned housing."
Statistic 15
"The annual funding for the Section 8 program often faces scrutiny and can impact voucher availability."
Statistic 16
"Some PHAs allow streamlined portability procedures if there is an agreement between the sending and receiving agencies."
Jannik Lindner
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