ORANGE COUNTY, CA-The US Department of Housing and Development has approved another $100 million for rent vouchers here, saying the extra money will make an additional 4,100 apartment units available to low-income tenants.

The additional monies will make few, if any, more renters eligible for the federal government’s Section 8 housing program. Instead, most of the $100 million will go toward boosting the aid that current voucher holders already receive.

Many recipients of housing aid here have long complained that the free money they get from the government isn’t enough to help them find a suitable apartment, in part because average rents in the county have been rising fast and vacancies have been plunging. By giving them an extra $100 million, the federal government hopes they’ll have an easier time finding owners willing to take part in HUD’s program.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt. Multifamily Fall 2024Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.