WHAT IS Section 8 (housing)?

Section 8 of the Housing Act of 1937 often called Section 8, as repeatedly amended, authorizes the payment of rental housing assistance to private landlords on behalf of low-income households in the United States.

Section 8 also authorizes a variety of "project-based" rental assistance programs, under which the owner reserves some or all of the units in a building for low-income tenants in return for a federal government guarantee to make up the difference between the tenant's contribution and the rent amount in the owner's contract with the government. A tenant who leaves a subsidized project will lose access to the project-based subsidy.

Providing Housing Programs

PHAs administer housing programs funded by the U.S. Department of HUD, PHAs may also administer state-funded programs as well as other programs funded locally.

what is income based housing?

Income-based housing, also known as affordable housing, refers to housing options that are specifically designed to be affordable for individuals or families with lower incomes. This type of housing is often subsidized by the government or private organizations, and rent is typically set at a percentage of the tenant's income. Income-based housing can provide much-needed stability and security for low-income families, as it allows them to live in safe, comfortable housing without worrying about being priced out of the market. However, the availability of income-based housing can be limited, and there may be long waiting lists or strict eligibility requirements for those seeking to rent these units.

Elwood's Rich History

From the small town called Quincy to the city it is today, Elwood has prospered through the years. Quincy became Elwood on June 15, 1869. In the early years, the town advanced from the natural gas wells and later farming and canning factories as well as the Tin Plate and hand-blown glass factories. Throughout the years, Elwood has adapted to change. And today is no different. The residents will continue to adapt as the city makes progress. 

Elwood celebrated its Centennial in 1952 and it Sesquicentennial in 2002. We, the residents, continue to be hopeful for our future. Elwood has a new state-of-the-art Municipal Building and schools, a YMCA, a library and St.Vincent Mercy Hospital.