9 Steps for Landlord Success in the HVC Program

  • HCV Program policies and procedures
  • How to list your property
  • Key provisions of the HAP Contract and Tenancy Addendum
  • Participating property owners rights
  • Inspections
  • Rental rate determination
  • Property management tips
  • Criminal background check
  • Verification of current property taxes
  • Affidavit of Ownership
  • Management Authorization (if applicable)
  • Asking Rent (as established on the RTA form)
  • Rent Reasonableness Study (aka Market Rent)
  • Rent Burden (amount of rent that can be afforded by tenant)
  • The resulting calculations, ultimately determine the Contract Rent
  • Unit passes inspection by CHA
  • Rent amount is approved by property owner
  • Lease and HAP Contract are executed
  • Participant Re-Examinations: Every 2 years, CHA reviews the household income and family composition to determine the family-paid portion of rent
  • Change of Ownership/Management: A property owner may not assign the HAP Contact to a new owner without the prior consent of CHA. Therefore, property owners must notify CHA. The same applies to a change in Property Management.
  • Rent Increase Requests: CHA must process and approve any rent increase or changes in utility responsibilities
  • Ongoing Inspections: Program regulations require that any unit receiving a rental subsidy meets the Housing Quality Standards

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