BHA owns one Section 8 New Construction property, Northridge Manor. Not to be confused with the Section 8 Housing Choice Voucher Program, the Section 8 New Construction Program originally provided a direct rental subsidy to building owners who housed low-income tenants in newly built or rehabilitated units.
Under the program, a low-income tenant pays 30% of his or her income for rent, and the government pays the difference between that amount and the fair market rent for the unit.