Does all 3 units of triplex have to be registered as section 8?

[John Mark Waide]

My wife and I have a triplex with 2 tenants whom we inherited. We're currently living in the 3rd unit and will move out soon. We like the 2 tenants and they've lived in the triplex for several years, but they're paying under market rents and won't be able to afford a significant rent increase. Plus, the location isn't that great and we feel that there is a risk of any new tenants who may replace the current ones to not be as good. Therefore, we have discussed going the section 8 route so it would be a win/win, with us being able to collect the market rent and the tenants can stay. If we do go that route, do we have to register the whole house to be available for section 8 or can we decide to only accept section 8 for 2 out of the 3 units? This is in Washington State by the way. Thanks!

[James Mc Ree]

Section 8 is support that is attached to the tenant, not the house.  The house just needs to be inspected to ensure it meets Section 8 standards.  You can offer your property through the Section 8 program, but that doesn't make it "a Section 8" house as that doesn't mean anything.  Traditional and Section 8 applicants can all apply for any rental.

I recommend asking market rent for unit #3, then vet your applicants properly.  The vetting is the most important part regardless of applicant funding sources.  You may find a perfectly qualified traditional tenant.  Once #3 is rented, gradually raise the rent on #1 and #2 if you don't want to shock them with a big increase.  You might find out they can afford more than you can think.  If not, they will move out and you can rent at market rate to a new tenant.