For the first time in just over nine years, Honolulu has started accepting applications for their Section 8 Housing Choice Voucher Program. The window to sign up was just one week long, and over the first six days nearly 12,000 people requested to be on the wait list. The "Housing Choice" program is part of the U.S. Department of Housing and Urban Development's Section 8 program, and allows voucher holders some flexibility in selecting where they want to live. The typical rental voucher in Honolulu is $1,000 per month. Depending on the availability of funding, it is expected that there will be 200 to 500 slots available over the next few years, meaning that it could be another decade before this current wait list has been exhausted.
Source: Honolulu Star Advertiser, 5-21-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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