Can section 8 be removed in an area once established?

Asked by Corinne Kaas, Toms River, NJ Mon Jun 4, 2012

effecting the neighbor hood property value

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Wayne Odenbr…, Agent, Mountain Lakes, NJ
Mon Jun 4, 2012
As I understand it, Section 8 provides rent assistance to those in need.
It is managed and offered by county, in NJ.
Other than that, it is not based on geography.

The eligible individual will find an apartment.
The government will pay a portion of the rent.
The individual will pay a portion of the rent

I have 3 units where this is the case.
It works out well for us as well as the tenant.

Contact me if you wnat to hear more about my experience with it.
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