Bachand Group is very experienced in working with, and administering, Project Based HUD (Department of Housing and Urban Development) Section 8 Contracts. Our professionals have been working in this area for over 20 years. Our experience, along with annual training, ensures that our clients will easily work through the complexities of governmental housing with great efficiency. Bachand Group’s ability to understand and react to the ever changing HUD world has benefitted our clients' investments in many ways; from reducing tenant vacancy to increasing property cash flow.
The HUD Section 8 Program was created in 1974 to help the low income population receive adequate housing. In the Section 8 Program, tenants pay about 30% of their income for rent, while the rest of the rent is paid with federal money on a monthly basis. Bachand Group understands both the history and the future of the HUD Section 8 Program. We believe this knowledge can continue to serve our current clients’ needs as well as our future clients' bottom lines.
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