HUD Section 8 Housing Requirements for Landlords
The section 8 program is administered by PHA or Public Housing Authority; local housing authority, State, or country housing commission. The landlords get paid by the Public Housing Authority for the main portion of rent every month.
This assistance programs contracts are being administered for 1 year terms. So, in order for the landlord to avoid or prevent mid-term moves, it is advisable that a landlord make lease agreement with annual renewal instead of converting to month to month basis. This will actually help in reducing turn-over rates, and also keep the property fuller longer.
For the landlord to be able to approve and accept section 8 tenants, the rental property should meet the HUD requirements or inspection guidelines that will be verifying if the rental properties are in good and livable condition. Thus, it is essential for any landlord to be familiar with the different areas associated with the inspection.
It will surely make good impressions if the property passes the inspection the very first time. However, a landlord should not be discouraged when there are issues that need extra works before it actually gets the final approval. The company will give the landlord 30 days at maximum to correct the issues. However, the Public Housing Authority won’t be paying for the rent days not until the rental property passes the inspection. Thus, it is essential that the landlord work this into the tenant’s moving timeline, and it is also suggested that landlord’s don’t let the tenants move in not until he/she has passed the inspection and has a contract signed by the Housing Assistance Program.
What Landlords Should Do
• Screen the tenant; they are the one responsible for all the terms and regulations of the current lease and not the company.
• Review the inspections guidelines and also be aware about all the requirements.
• Get as much as security deposit.
• Make the rental contracts 1 year long and with 1 year renewal extension/s instead of month-to month basis.
What Landlords Shouldn’t Do
• Do not let the tenants to move in not until a HAP contract has been signed.
• Do not wait too long for the property to be ready for the inspection.
• Do not assume and think that if you have the contract with the HUD, you will be paid for the damages that are caused by you tenants.
• Do not include the tenants’ utilities in your rental amount; the PHA won’t pay any dollar for the utilities, leading the landlord to lose money.
As a landlord, you should know all about the HUD Section 8 housing requirements for you to be prepared. This program can prove to be beneficial for you as the landlord. However, you need to comply with the requirements. If you haven’t looked into this yet, make the right move and start your research.
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