Project Based Section 8

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HUD-funded rental assistance for low income households which is connected to an apartment complex (as opposed to tenant based ). With Section 8 Project-Based Rental Assistance (PBRA), tenants pay 30% of monthly income for rent, with HUD pay0ing the owner the remainder up to the area's Fair Market Rent (FMR. When tenants move out, they do not take the rental assistance with them. New tenants moving in benefit from the PBRA attached to the property. 

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