Disclaimer: This guide is based on our experience as landlords and is intended to provide helpful information. It is not an official policy or formal advice. For specific guidance, please consult with your local housing authority or a legal professional.
Renting to a Section 8 voucher recipient can be a rewarding experience, providing stable housing to those in need while ensuring a reliable source of rental income. However, the process involves several steps and coordination with the local housing authority. Here’s a detailed guide to help you navigate this process smoothly.
Step 1: Request for Tenancy Approval (RFTA)
Once the voucher recipient is approved, the housing authority will request a Request for Tenancy Approval (RFTA) form from the voucher recipient. This form asks for general information about the property, including:
- Types of heating
- Appliances provided
- Utilities the tenant is responsible for
- Asking rent
Step 2: Submit the RFTA
After filling out the RFTA, send it to the approved applicant, who will then deliver it to the housing authority. This step is crucial as it initiates the formal process of getting your property approved for Section 8 tenancy.
Step 3: Schedule and Prepare for Inspection
The housing authority will reach out to schedule an inspection of your property. Each inspector may have a slightly different process, but you should always ensure that the basics are ready for inspection. These include:
- Functional smoke and carbon monoxide detectors
- Working heating system
- Operational appliances
- Windows that can open for egress
Step 4: Rent Assessment
After the inspection, a housing authority representative will assess if the rent is at market value. They usually have their Payment Standards available on their website, so you can generally predict if there will be any objections or negotiations regarding the rent amount.
Step 5: Lease Review
If the rent is approved, the housing authority will want to review the lease. Make sure your lease is prepared and ready for review.
Step 6: Finalize the Housing Assistance Payment (HAP) Contract
Before handing over possession of the property and fully executing the lease, ensure you receive a signed Housing Assistance Payment (HAP) Contract from the housing authority. Include a clause in the lease stating that it is subject to this signed agreement and that the housing authority has your payment information to send you checks.
Additional Helpful Information
Payment Schedule
The local housing authority typically cuts checks on the 1st and the 15th of the month. To ensure you receive the move-in costs before turning over possession, it is advisable to start the leases about five business days after these dates.
Security Deposit
Generally, the housing authority does not cover the security deposit. The tenant will need to provide this directly.
Conclusion
By following these steps, you can successfully rent your property to a Section 8 voucher recipient and work effectively with the local housing authority. This process not only helps provide housing to those in need but also ensures a steady rental income for you as a landlord.
For more information visit the Housing Authority of the County of Monterey.