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Updated over 3 years ago on . Most recent reply

User Stats

113
Posts
15
Votes
Anthony Liguori
  • Rental Property Investor
  • NJ (new jersey)
15
Votes |
113
Posts

NYC Government Assistance ( City Fheps)

Anthony Liguori
  • Rental Property Investor
  • NJ (new jersey)
Posted

Greetings all,

I own rental property in NJ and have section 8 tenants. I recently was approached by a prospective tenant who advised me of this program in NYC called (City Fheps). From what it looks like on their website and what the person is telling is that the program pays the rent and security dep. Also it states it pays the rent for a year and if the person still qualify for the program that they could pay the rent for up to 5 years. 

Anyways, does anyone in the BP community have some experience with this program and could shed some light into it?

Most Popular Reply

User Stats

71
Posts
35
Votes
Cynthia Brooks
  • Rental Property Investor
  • Brooklyn, NY
35
Votes |
71
Posts
Cynthia Brooks
  • Rental Property Investor
  • Brooklyn, NY
Replied

Dont do it! CITYFHEPS is a legal nightmare. Legal Aid plays defensive block for deadbeat nightmare tenants even the City doesn't want to house. STAY AWAY FROM ALL NY CITY RENTAL PROGRAMS. Section 8, which is Federal is ok but city programs are not properly run, lack communication ( every number you call has a voicemail that is full and no attendent has been assigned. I have over 20 numbers), unresponsive, unhelpful to the extreme.The reason the City is willing to give you 1 year in advancecis because once you take the $$$$ you are stuck with them for that year no matter what they do ( nonpayment, destruction of property, etc).  Why do the guarantee  up to 5 years, because it takes that long just to get rid of them. Dont get lurked by the bonus because you wont get a chance to keep it ...it will go to legal fees...a lot of $$$$ spent on legal fees. STAY AWAY!! FOR YOUR OWN SAKE ...STAY FAR FAR AWAY!. The program should be cancelled but then the City will turn around  an rename it to lure unsuspecting landlord into its clutches. If a housing representative calls you about participating in CITYFHEPS...hang up on them after telling them in excruciating descriptive detail just how hard and fast you are gong to shove that phone up their a** , if they ever so much as dare look at you phone number in contemplation of dialing your number.

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