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Updated 2 months ago on . Most recent reply

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Miguel Vasquez
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Section 8 related

Miguel Vasquez
Posted

Good afternoon I have a question in regards to my section 8 tenant. I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher. My question will be if she gets approved will the rent go up automatically to fair market value? Or if I should wait until she receives a 2nd bedroom voucher then do the rent increase since I heard you can only do one a year.

Any help will be appreciated.

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3
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Miguel Vasquez
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Miguel Vasquez
Replied
Quote from @Jaycee Greene:
Quote from @Miguel Vasquez:

Good afternoon I have a question in regards to my section 8 tenant. I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher. My question will be if she gets approved will the rent go up automatically to fair market value? Or if I should wait until she receives a 2nd bedroom voucher then do the rent increase since I heard you can only do one a year.

Any help will be appreciated.

Hey @Miguel Vasquez, welcome to the BP Forum! Best thing is to call the housing authority that manages the voucher program in your city/county.

Thank you, I know it’s such a hassle to get a straight answer from them!

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