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:

  1. payment of application fees
  2. payment of security deposit (that you would return to the resident whenever they move next)
  3. payment of moving expenses

In addition, PHA has agreed to the following for the relocation residents:

  1. fast tracked approvals
  2. inspections within 2-3 business days
  3. 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.