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Updated about 6 years ago,
Section 8 Rules Charlotte, NC
I recently bought a property in Charlotte, NC with a Section 8 tenant that is currently on a month to month lease agreement. I have a couple questions that I can't seem to get answers for.
1) Since I would need to sign a new HAP contract with the housing authority, should I not be able to request the market rate for rent for similar units instead of being limited to the 10% increase that the Section 8 housing authority sets?
2) Can I request the HAP contract to be a lease term of 1 month so the lease remains month to month since, per HUD guidelines, its in the best interest of the tenant to find housing?
Any help would be appreciated!