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Updated about 3 years ago,

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,147
Votes |
4,205
Posts

Tucson forcing Landlords to accept Section 8 HUD, Phoenix Next

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Posted

"In years past, the City of Tucson took months to process payments, leaving participating property owners with arrears of tens and hundreds of thousands of dollars, in some of the most egregious cases. With the present regulations when there is nonpayment the landlord must send the 30-day notice for nonpayment of rent instead of the standard 5-day notice for nonpayment. Additionally, this program requires the landlord to accept the standard HUD lease which may have provisions and requirements which are detrimental and costly for the landlord."

TALKING POINTS
It’s the strings attached – not the source of the income

  • The proposal is an infringement on private property rights.
  • The proposal is an infringement on the right to contract.
  • The city does not mandate any other private business to accept a certain type of payment from a customer.
  • Federal requirements attached to HCVP are overly burdensome and immensely time-consuming.
  • Frequent and unpredictable property inspections, property damage, and delayed payments from program administrators continue to dissuade property owners from participating.
  • The 1,800 pages of HCVP rules force operators to accept electronic payment, mandate the use of a contract of adhesion, eliminating an owner’s freedom of association and right to negotiate contracts.
  • Rents for all Tucson residents will increase if rental owners are required to take on more risk.
  • Developers will reconsider constructing new apartments in Tucson and go to other Cities or Counites that do not have overburdensome requirements, resulting in higher rents and fewer housing opportunities for Tucson residents.

Tucson AZ and Phoenix AZ investors

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