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How does Section 8 Housing affect your credit report and/or taxes?

I am a full time college student and I think I will be eligible. I don't want to do it, if I have to pay taxes on it, or if it affects my credit in a negative way.

Public Comments

1. Section 8 is for low income familys not single college students.
2. It also has nothing to do with credit reports or taxes.
3. It doesn't affect your credit or taxes. Section 8 is grant money to help pay for housing. Grant money is free to the recipient and is not considered income. Applying for Sect. 8 takes a couple of years before you'll get a voucher and by that time you may not qualify anymore. Your best bet is to find public housing that can qualify you for reduced rent on-site. http://www.hud.gov has some great information on Sect. 8 and Public Housing.