Only one state requires you to take section 8, MA. To can get around that by keeping the rent higher though.
It may not be legal to rent out the basement to a non family member. To rent to sec 8 his rental would need to pass an inspection if his rental doesn't qualify he can't rent to sec 8.
section 8 is a government program that help low income people that help them pay their rent.
section 8 is not going to help someone pay rent to live in someone basement. with section 8 you have to live in a house or apt by yourself, not with other people.
First of all, does your Dad have a permit to rent out the basement as an apartment. For Section 8, it must meet safety and maintenance standards. The Housing Authority in S.F. will reimburse Dad about 80% of market rate, part of which the tenant pays to your Dad directly. In San Francisco, a 1-bdrm. depending on location can go for $2000. The SF Housing has "payment standards" that may fall below the $2000. Your tenant has a share of the cost that will bring the total to 80% of market rent.
If the basement has only 1 bdrm then only one person, one couple, or one person with an infant can rent it.
I dont understand your Update question. You can deny renting to anyone on Sec 8 who does not pass credit, criminal, background or evictions history.
SHIPWRECK: You cannot rent a Sec 8 to a family member.
You would need to contact the section 8 department in San Francisco to find out the requirements of renting a rental unit through the section 8 program. Section 8 is a federal program handled locally each department and might be different.
One of the requirements is that the potential rental unit would need to be inspected and approved by the section8 inspector.
Like any other tenant you have to screen any tenant carefully. Without proper screening you will always have problem tenants.You are not required to take the first section 8 applicant you take an application from. You are not required to accept any at all.that do not meet your screening procedures.
Normally the rent is what anyone else would pay for the your rental. You are not required to reduce the rent you would be asking. If the rent is extremely high, the section 8 department has a list of what the rent should be for your area. If the local rent for a 3 bedroom 1 bath is normally rented for $1,500 per month you would not be able to get $2,000 for the same type rental.
I have several section 8 tenants, like any other tenant there might be a few problems, but no more than the average complaints that other tenants would make. some are better at keeping their rental up than those tenants that are not subsidized by the government. They know and understand they could lose this benefit if the section 8 department inspect their rental unit and it is not in a good condition.
Once your father's rental unit has been inspected and approved, you would be able to rent to a section 8 tenant.
You would get about 2/3rd of the rent from the section8 department and the other from your tenant. You never have to worry about the section 8 payment being late. If the section8 tenant is late, they are able to be evicted as any other tenant would be for failure to pay their rent.
I hope this has been of some benefit to you, good luck.
"FIGHT ON"
Section 8 is for people with little to no income with children.
DaD needs a library to learn b4 he gets in legal financial problems - fast.
IM CURIOUS, because my dad want to rent out basement for 1700-2k dollars. and said something about government who uses section 8, sets the price. if i set a price of basement for 2k, and the government is only gonna pay 1500, do i have to lower it that low? this is a hypotethical quesiton
