Rental Property Investor · NJ (new jersey) · Member since 2019 · 113 posts · 16 votes
Greetings all,
I own rental property in NJ and have section 8 tenants. I recently was approached by a prospective tenant who advised me of this program in NYC called (City Fheps). From what it looks like on their website and what the person is telling is that the program pays the rent and security dep. Also it states it pays the rent for a year and if the person still qualify for the program that they could pay the rent for up to 5 years.
Anyways, does anyone in the BP community have some experience with this program and could shed some light into it?
Rental Property Investor · Brooklyn, NY · Member since 2016 · 71 posts · 35 votes
6y
Dont do it! CITYFHEPS is a legal nightmare. Legal Aid plays defensive block for deadbeat nightmare tenants even the City doesn't want to house. STAY AWAY FROM ALL NY CITY RENTAL PROGRAMS. Section 8, which is Federal is ok but city programs are not properly run, lack communication ( every number you call has a voicemail that is full and no attendent has been assigned. I have over 20 numbers), unresponsive, unhelpful to the extreme.The reason the City is willing to give you 1 year in advancecis because once you take the $$$$ you are stuck with them for that year no matter what they do ( nonpayment, destruction of property, etc). Why do the guarantee up to 5 years, because it takes that long just to get rid of them. Dont get lurked by the bonus because you wont get a chance to keep it ...it will go to legal fees...a lot of $$$$ spent on legal fees. STAY AWAY!! FOR YOUR OWN SAKE ...STAY FAR FAR AWAY!. The program should be cancelled but then the City will turn around an rename it to lure unsuspecting landlord into its clutches. If a housing representative calls you about participating in CITYFHEPS...hang up on them after telling them in excruciating descriptive detail just how hard and fast you are gong to shove that phone up their a** , if they ever so much as dare look at you phone number in contemplation of dialing your number.
Rental Property Investor · North Jersey Shore · Member since 2020 · 102 posts · 49 votes
6y
If I recall the news stories correctly and before it became all Covid all the time NYC dumped some the worst into cities adjacent to NYC, much to the chagrin of the locals.
If that's you niche. well than go for it. Good luck GettIngNYC Section 8 to be responsible e to issues as they are often too busy providing stellar service to their in state ients.
Should things go sideways this could become a juisdictional entanglement.
Rental Property Investor · Brooklyn, NY · Member since 2016 · 71 posts · 35 votes
6y
Dont do it! CITYFHEPS is a legal nightmare. Legal Aid plays defensive block for deadbeat nightmare tenants even the City doesn't want to house. STAY AWAY FROM ALL NY CITY RENTAL PROGRAMS. Section 8, which is Federal is ok but city programs are not properly run, lack communication ( every number you call has a voicemail that is full and no attendent has been assigned. I have over 20 numbers), unresponsive, unhelpful to the extreme.The reason the City is willing to give you 1 year in advancecis because once you take the $$$$ you are stuck with them for that year no matter what they do ( nonpayment, destruction of property, etc). Why do the guarantee up to 5 years, because it takes that long just to get rid of them. Dont get lurked by the bonus because you wont get a chance to keep it ...it will go to legal fees...a lot of $$$$ spent on legal fees. STAY AWAY!! FOR YOUR OWN SAKE ...STAY FAR FAR AWAY!. The program should be cancelled but then the City will turn around an rename it to lure unsuspecting landlord into its clutches. If a housing representative calls you about participating in CITYFHEPS...hang up on them after telling them in excruciating descriptive detail just how hard and fast you are gong to shove that phone up their a** , if they ever so much as dare look at you phone number in contemplation of dialing your number.
Dont do it! CITYFHEPS is a legal nightmare. Legal Aid plays defensive block for deadbeat nightmare tenants even the City doesn't want to house. STAY AWAY FROM ALL NY CITY RENTAL PROGRAMS. Section 8, which is Federal is ok but city programs are not properly run, lack communication ( every number you call has a voicemail that is full and no attendent has been assigned. I have over 20 numbers), unresponsive, unhelpful to the extreme.The reason the City is willing to give you 1 year in advancecis because once you take the $$$$ you are stuck with them for that year no matter what they do ( nonpayment, destruction of property, etc). Why do the guarantee up to 5 years, because it takes that long just to get rid of them. Dont get lurked by the bonus because you wont get a chance to keep it ...it will go to legal fees...a lot of $$$$ spent on legal fees. STAY AWAY!! FOR YOUR OWN SAKE ...STAY FAR FAR AWAY!. The program should be cancelled but then the City will turn around an rename it to lure unsuspecting landlord into its clutches. If a housing representative calls you about participating in CITYFHEPS...hang up on them after telling them in excruciating descriptive detail just how hard and fast you are gong to shove that phone up their a** , if they ever so much as dare look at you phone number in contemplation of dialing your number.
wow!!!!! Thanks for the heads up I will definitely be avoiding city programs
@Cynthia Brooks post like this is what closed minded people do. I have had a great experiences with the Cityfheps program. My tenants rent was always paid on time. I didn't have any problems at all. I actually have a better experience with Cityfheps tenants than an actual cash paying tenant. Post like this makes it hard for people to actual give someone that actually is a good tenant a chance.