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Updated about 4 years ago,
Renting to HUD VASH & HASA Program Participants NYC
Hello everyone,I am currently renting out a few units and have the opportunity to fill half of them with VASH applicants and the other half with HASA. I was hoping landlords who have experience with these programs can share their experience and specifically I have a few questions that I would appreciate your feedback on. Btw these units are located in NYC, in case there are any landlords/managers who have experience with these programs in the city.
- How is the process to increase rent with these programs? Do they follow regular rent regulation/stabilization guidelines?
- If the tenants cannot pay their portion of the rent, does the program pay it? What are the nuances of this?
- example, if the tenant doesn't pay and I report it to the case manager do I get paid no questions asked or will they only pay the tenants portion IF the tenant lost their job or other source of income?
- General experience with these programs, thinks I should look out for? Things I should ask about?