GoSection8.com Announces Increase in Landlords Using Section 8 Program

Wednesday, October 28, 2009
Reuters

BOCA RATON, Fla.--(Business Wire)--

GoSection8.com, the largest rental listing service for Section 8 landlords,  tenants and public housing authorities in the United States, today announced that the number of landlords seeking Section 8 tenants has risen by 18 percent this year.

GoSection8.com`s Housing Voucher Participation Index indicates that the number of new landlords participating in the U.S. Department of Housing and Urban Development`s national Section 8 Rental Voucher Program has risen significantly this year. The largest increases have occurred in California housing markets, such as Oakland and San Diego, while some markets in the Southwest, including Phoenix and Dallas, have remained relatively flat. The GoSection8.com Affordable Housing Participation Index comprises 10 major affordable housing markets that GoSection8.com has been serving and tracking for a minimum of three years.

"We are pleased to offer our Index as a reliable barometer of national landlord
interest in Section 8 housing," said Richard Cupelli, president of GoSection8.com. "It is undeniable that more landlords nationwide are looking to
the Section 8 program because it offers guaranteed, stable rent payments at
market prices."

GoSection8.com maintains a proprietary database that has become the premier
source for information on Section 8 rentals in the country. The listings in the
continually updated database are distributed online and in the lobbies of
hundreds of housing agencies across the country in order to connect tenants with
landlords seeking guaranteed rent. GoSection8.com also provides public housing
authority administrators with software and the most comprehensive "rent
reasonable" database in the industry. GoSection8.com enables housing authorities to achieve the rent reasonable certifications required by the U.S. Department ofHousing and Urban Development for participation in the national Section 8 Rental Voucher Program.

The GoSection8.com Voucher Participation Index of housing markets includes
Baltimore, Broward County, Fla., Dallas, Houston, Las Vegas, Oakland, Calif.,
Phoenix, San Antonio, San Diego and Santa Clara County, Calif. The number of new landlords registering properties for Section 8 housing tenants is compared by market and year to compute the index.

GoSection8.com, based in Boca Raton, Fla., is the largest rental listing service
for Section 8 housing landlords, tenants and public housing authorities in the
United States. For more information, call 800-466-7328 or visit
www.GoSection8.com.

For GoSection8.com
David & Garcia PR
John P. David or Julio Garcia, 305-255-0035
E-mail: john@davidgarciapr.com

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