Rents continue to rise at the fastest pace in decades, making housing costlier than ever for many Americans. Nationally, rents rose a record 11.3% last year, according to real estate research firm CoStar Group. That fast pace of growth remains elevated in 2022, as some parts of the country have seen rent prices surge 35%.
Section 8 is a program in America that provides people with assistance meant for paying rent. There is a waitlist for this assistance that can be longer than 2 years.
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Source: usnews.com, endhomelessness.org, eligibility.com, homeforward.org