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Updated 9 months ago on . Most recent reply

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Tina Kapur
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CHA voucher and RTA form

Tina Kapur
Posted
Hello
I had never heard of CHA voucher in chicago and RTA forms. What are these? Do i need to be certified or do some official thing to take in a tenant like that? I wanted to avoid all that since that (i am assuming) will make things complicated for me not to mention the timely payment of rent.
i am in Chicago cook county and in loop.. Am I obliged to take in a person who offers to pay by CHA vouchers?

The tenant toured my place, said is employed (+i googled) , came across to me as very polished  and came to tour the unit with her mom. The young lady is moving out of living with her parents, so I assumed she could afford to pay via a paycheck but she sent a text saying she will forward RTA form and CHA voucher.  Should I consider taking in the tenant or pass?

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Jonathan Klemm
  • Contractor
  • Chicago, IL
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

@Tina Kapur—First and foremost, you can NOT deny a tenant because of a voucher—that's a big no-no here in Chicago...now, of course, you can deny the tenant for other reasons like credit score, income, etc.

We usually do 2.5X income w/ a 600+ credit score in the nw side of the city.

Section 8 has its pros and cons like anything else...the check shows up EVERY FIRST of the month like clockwork, but additional paperwork and CHA inspections are required.

@Mark Ainley and @Brie Schmidt are more experienced than I am and may have other good thoughts on tenant screening.

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