Final answer:
Section 8 of the Housing and Community Development Act of 1974 is a federal program that provides rental assistance to low-income individuals and families. It aims to make housing more affordable and reduce homelessness.
Step-by-step explanation:
Section 8 of the Housing and Community Development Act of 1974 is a federal program that provides rental assistance to low-income individuals and families. It aims to make housing more affordable and reduce homelessness by subsidizing a portion of the rent for eligible households. Section 8 vouchers can be used in privately owned rental properties, where the tenant pays a portion of the rent, and the rest is covered by the voucher.
The program has different components, including the Housing Choice Voucher Program, which allows recipients to choose their own rental unit, and the Project-Based Voucher Program, where the subsidy is tied to a specific property. The goal of Section 8 is to ensure that individuals and families have access to safe and affordable housing options.
Some important keywords: Section 8, Housing and Community Development Act of 1974, rental assistance, low-income, affordable housing, homelessness, Housing Choice Voucher Program, Project-Based Voucher Program.