Owners thus have an incentive to leave the program and convert their property to private market rentals.
Section 8 Project-Based Rental Assistance: The Potential Loss of Affordable Federally Subsidized Housing Stock
Why property owners have an incentive to opt-out of the rental assistance program and what can be done to persuade them to stay are explored in this AARP Public Policy Institute Issue Brief by Andrew Kochera, Don Redfoot and Jeremy Citro.