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Section 8 New Construction
HUD provides project-based subsidy to buildings developed under the Section 8 New Construction Program. The FFHA manages one such building, Sunrise Terrace. This building has a separate waiting list from the Public Housing waiting lists, and applicants must meet the 80% of the median income LI (low income) threshold. Beyond that, entry to this program is managed under virtually the same eligibility requirements and admissions policies as the LIPH (low income public housing). Residents in the New Construction program pay 30% of their monthly adjusted gross income for rent and a reasonable amount of utilities.
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