Via the years we have had a number of Area 8 lessees effort to make a side settlement arrangement with us in an initiative to entice us to approve their coupons. We declined.
What are Area 8 side settlements?
Let's think the asking rental fee for an unit is $2,500. The Housing Authority has accredited an optimum amount for the system of $2,300. The proprietor and the lessee make an agreement that the renter will pay the added $200 beyond the arrangement with the Housing Authority. This is considered an Area 8 side payment. It is prohibited.
By making a side agreement the tenant can endanger shedding their voucher. Nevertheless, the Housing Authority has actually created a really creative way for the renter to report the added settlement while continuing to be anonymous. The result can be rather financially rewarding for the tenant while very costly for the proprietor who got involved.
In May 2014, the Housing Authority of Santa Clara Region addressed a letter to Area 8 voucher lessees entitled "Confidential Rent "Side Repayment" Study." The letter urges the renter to take a survey provided by Project Sentinel to assure their solutions are kept personal and their real estate coupon standing is protected.
The letter is posted on the Project Guard site at http://housing.org/. Project Sentinel does not share the survey info with the Real estate Authority.
The study contains 3 concerns:
1. In the past 6 years, have you (or any individual in your home) paid lease that was more than the "occupant rent" quantity listed on your latest Real estate Authority rent portion letter?
2. Currently, are you (or any individual in your household) paying rent that is greater than the "occupant lease" amount listed on your newest Real estate Authority rent out portion letter?
3. At any moment in the past, has a property owner asked for or gathered lease payments that were more than the "renter rental fee" quantity noted on your newest Real estate Authority lease part letter?
If you're a property manager whose tenant can respond to "yes" to any of these three questions you need to be worried.
According to Project ทาวน์เฮ้าส์มือสอง ราคาถูก Guard, a lessee may be awarded a refund of the total side settlements made to proprietor. Furthermore, the occupant could be granted $1,650 to $3,300 for each and every month they made a side repayment to the owner, despite the quantity of side settlement. Refund repayments can return as for 6 years.
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