The Ann Arbor Housing Commission (AAHC) Section 8 Housing Choice Voucher (HCV) Program offers great benefits to Landlords and Property Owners. HCV allows for owners to receive Housing Assistance Payments (HAP) on behalf of participating tenants. Select the link for additional information on “Section 8 What’s It All About?” our most recent publication on the HCV Program.
Advantages:
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Stable rental income
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Timely payments
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Adequate applicant pool
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Regular inspections
Property owners and landlords can list Unit Availability for rental by Section 8 participants. The Unit Availability Sheet provides you with the opportunity to post your unit for our clients to view in a Property Listing Book. You can drop off or mail the completed from to our office at:
Ann Arbor Housing Commission
Attn: Section 8 HCV
727 Miller Avenue
Ann Arbor, MI 48103
Property owners my also list there available units at michiganhousinglocator.com
How Does It Work:
The HCV program forms a partnership between tenants and landlords.(GOsection8.COM has more information.) Eligible applicants use vouchers to lease property from participating landlords. The Housing Choice Voucher Program is a program of “choice.” Prospective tenant will contact property owners for rental information. AAHC encourages you to screen each applicant that same way you would screen other applicant. The landlord may charge fees that are applicable to non-participating applicants.
Once the screening criteria is completed and the prospective tenant is cleared, the following forms must be completed:
Other documents must be submitted to complete the processing of Housing Assistance Payments (HAP): valid driver’s license, and proof of ownership, blank lease, and property management agreement (if you select not to manage the unit).
At this time, AAHC will determine if the requested rent is reasonable compared to rents of similar units in the area and deterimine if the tenant portion does exceed 30 percent of the household income. AAHC may ask to negotiate lower rents if these items fail, there is no obligation. Once this process is complete the unit must meet HQS Initial Unit Inspection. AAHC will request a Housing Quality Standards (HQS) Inspection for the unit from our inspection contractor. The unit must pass this inspection before the family is permitted to occupy the unit.
After the unit has passed inspection:
- Execute a lease agreement with your tenant.
- Provided our agency a copy of the lease agreement.
- Then, the family can move in.
Payments:
- AAHC will retroactively begin its HAP approximately 45-60 days from the date of move in (Direct Deposit is available).
- The family pays their portion of their rent (approximately 30%) to you directly.
- The family is 100% responsible for the security deposit.
We hope that you find this information helpful. Feel free to contact us at 734-794-6720, if you have further questions. Thank you for your participation in the Housing Choice Voucher Program.