Rental property is leased that otherwise might be vacant.
Initial and annual inspections ensure the property is maintained in accordance with program guidelines.
Part or all of the tenant’s rent is paid directly to the landlord each month.
Procedure for Landlords
Landlords enter into a 12-month lease agreement with the tenant and into a Housing Assistance Payment (HAP) Contract with VH. VH makes subsidized housing assistance payments to the landlord/property manager on behalf of the tenant. Landlords must enforce the terms of the lease agreement and comply with the terms of the HAP Contract. In addition, the landlord must maintain the property in accordance with Housing Quality Standards (HQS), which are standards specified by HUD. Discrimination is prohibited in this federally funded program.
Landlords are provided an annual newsletter and/or training events.