Section 8

Section 8 definition - finance
A rental program for low-income individuals, run by the Federal Housing Administration, that allows renters to rent an apartment that they otherwise could not afford. The FHA then sends Section 8 payments to the landlord with the renter paying only a small portion of the fair-market rent.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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