Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

31
Posts
15
Votes
Mitchell J.
  • Real Estate Investor
  • Chicago, IL
15
Votes |
31
Posts

CHA Accessible Housing / Exception Payment Standard

Mitchell J.
  • Real Estate Investor
  • Chicago, IL
Posted

Hi all -

Does anyone here have experience with accessible housing in Chicago and renting it to CHA / Section 8 tenants?  I've read that these properties can qualify for up to 250% Fair Market Value (see link below) provided the property is handicap accessible and meets the various ADA standards and guidelines.  Wondering how your experiences have been so far, and where you sourced these tenants who have disabilities/require accessible housing.

https://cha-assets.s3.us-east-2.amazonaws.com/s3fs-public/2020-07/Exception%20Payment%20Standard%20Info%20Sheet%20for%20website%202020%20with%20250%20FMR-Revised%20June%202020-Final.pdf

I'm looking at some opportunities in this area, and would love to connect with someone more experienced.

Thank you!

Loading replies...