TPG LLC, invests in and develops low-income housing projects and offer affordable housing through The Housing Choice Vouchers Program (often referred to as “Section 8”), the federal government’s primary program to provide housing for Americans who are living in poverty, as well as the elderly and disabled.
The Section 8 Housing Voucher Program assists in making safe and quality housing in the private rental market affordable to low, and very low-income households by reducing housing costs through direct rent subsidy payments to landlords. The program is funded by the U.S. Department of Housing and Urban Development.
Section 8 HCV program is based on the premise that housing costs (rent and utilities) should not exceed 30 percent of a household’s income.
Assistance is provided to low, and very low-income households and individuals.
The statewide program is available to residents of all New Jersey counties. Section 8 Existing Housing programs are administered throughout the State by a number of municipal and county authorities. Click the link below to see the list of county authorities’ directory.
Source: http://www.nj.gov/dca/divisions/dhcr/offices/section8hcv.html