Check out this blog post from our Residential Property Management Company regarding Cook County’s Section 8 Program and how the rent determination works.
In many cities in Cook County, Section 8 will actually pay more than the current market rent, so you need to ensure that you are calculating in those numbers on any potential purchases. .
Reach out to Tom or I at any time in regard to anything Real Estate related, especially about our experience in dealing with Section 8 in Cook County.
There are many myths when it comes to the Section 8 Program and how rent is determined so it’s best to have all the facts to fully understand how it works!