Monday, March 18, 2013

NECAC Program Receives HUD Award


According to a study by the Joint Center for Housing Studies at Harvard, nearly 26 percent of Americans who rent are spending over 50 percent of their gross income on rental dues and utilities. Predictably, low income families feel the squeeze more than any other group of people, and are therefore more likely to face housing challenges, among other difficulties. But, thanks to initiatives such as those run by the North East Community Action Corporation (NECAC), many low income families in the Missouri areas where NECAC operates can now meet their rental obligations and other housing needs promptly.

NECAC is a HUD-selected community action agency that runs a number of housing projects targeting low-income families in Missouri, such as assisting families with rental payment and providing cheap houses for sale under the Section 8 Homeownership Program. Through these programs, NECAC has achieved commendable accomplishments and has been duly recognized through several rewards from HUD.

Recently, NECAC’s rental assistance program received a top rating from HUD for the laudable way it administers the rent assistance program under the Section 8 Housing Program. The rating was awarded under HUD’s Section Eight Management Assessment Program monitoring and evaluation system that is run annually.

NECAC’s rent assistance program runs in various towns and counties in Missouri, including Lincoln, Macon, Marion, Montgomery, Randolph, Shelby, St. Charles, and Warren, among others. In addition to helping HUD meet its community housing objectives, NECAC was recognized for its commitment to help low-income families acquire decent housing and manage their rental dues under HUD homes community programs. The NECAC rental assistance program is a win-win for both tenants and landlords as it ensures both parties are getting value for their money.

For more on this news, read the following article.
To learn more about HUD homes, see this guide to buying HUD homes.

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