PHA Seeks Rental Owners for Homeless Veterans Voucher Program
Interested in accepting vouchers to house homeless veterans? The Philadelphia Housing Authority is immediately seeking applicants to provide housing through the HUD-Veterans Affairs Supportive Housing (VASH) program. This is a competitive “Request for Proposal” process seeking up to 40 available units. Owners must be affiliated with the HUD VASH program and have a minimum of ten qualifying units in their development in order to apply. The deadline to apply is September 30, 2022. See a slide presentation here. View the opportunity here.
PHA Offers Enhanced HCV Benefits to Hapco Philadelphia Rental Owners
The pot is being sweetened for Philadelphia rental property owners who can help the nearly sixty families who need a new place to call home.
In June, we reported on the sale and planned demolition of the University City Townhomes this fall. Triad Associates, the relocation firm, says the work to replace the 58 families has been moving slowly, and owners with rental vacancies are still very much needed. Triad says the residents have been great tenants, are current in their rents, and have all been issued Housing Choice Vouchers (Section 8).
The owners of University City Townhomes are providing all residents with relocation benefits which include:
- payment of application fees
- payment of security deposit (that you would return to the resident whenever they move next)
- payment of moving expenses
In addition, PHA has agreed to the following for the relocation residents:
- fast tracked approvals
- inspections within 2-3 business days
- possible 20% increase in monthly rents above published PHA standards – PHA will review on a case-by-case basis
More than 40 families already have the vouchers and the remainder will be getting their vouchers in a few weeks. Residents will need 1, 2, 3 or 4 bedrooms. You can have any resident interested schedule with you, and Triad Associates can also arrange a group showing. If you are having an open house, Triad will pass on the the dates and times and assist residents if they need transportation.
For more information, call Beth Mingey with Triad Associates at (856) 481-7044 or email Beth at bmingey@triadincorporated.com.
Power in Numbers: Hapco Philadelphia Launches Membership Drive
With 80,000 registered rental property owners in the City of Philadelphia, couldn’t they all use the collective knowledge and voice that Hapco Philadelphia provides? We think so, and that’s why HP is kicking off a new membership registration drive. Thousands of Philly owners were mailed our new membership brochure this week, and thousands more will be receiving one this summer.
Between eviction diversion regulations, rent control rumblings and new city council-imposed mandates on the horizon, it’s never been more important for Philadelphia’s investment property community to come together.
If you know of an owner who is not a Hapco Philadelphia member, we encourage you to download our new brochure and pass it on!