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General Landlording & Rental Properties

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Patrick Chiles
Pro Member
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Are you willing to help the homeless?

Patrick Chiles
Pro Member
Posted Aug 25 2021, 07:40

There is a program under HUD (Emergency Solutions Grant Program) that provides money and incentives to property owners to rent their properties to people who are currently experiencing homelessness. And within this program is the Rapid Re-Housing program that can pay a lease up to 12 months in advance, pay double the security deposit, and pay the landlord a signing bonus of up to 3 times the monthly rent. The program is managed differently in every state and I would encourage owners and property managers to check it out. Seek out departments and non-profits that work with the homeless in your community and ask about the Rapid Re-Housing program. The recently approved CARES Act allocated a lot of money to this program and organizations are having a hard time spending it all.

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