Approximately 1.2 million renter households benefit from a Section 8 project-based rental subsidy, including 500,000 older households.
Owners thus have an incentive to leave the program and convert their property to private market rentals.
In Brief: Section 8 Project-Based Rental Assistance: The Potential Loss of Affordable Federally Subsidized Housing Stock
A short summary of the similarly titled AARP Public Policy Institute Issue Brief by Andrew Kochera, Don Redfoot and Jeremy Citro exploring why property owners have an incentive to opt-out of the rental assistance program and what can be done to persuade them to stay.
