NYC Program that pays 1 full year of rent

NYC Program that pays 1 full year of rent

Rental Property Investor · Brooklyn, NY · Member since 2016 · 45 posts · 38 votes

NYC's Human Resource Administration (Public Assistance)  has a program called S.O.T.A (Special One Time Assistance) specifically for employed people whom live in NYC shelter system. (Most of the people fell upon hard times and are working and need to find an apartment. Similar to any applicant you have good people and negative people.) Due to the excessive demand of shelter in NYC the city had to develop strategic programs to assist people with moving out of shelter and with the explosion of rent prices in NYC many people are looking to other cities close to NYC such as Newark, Irvington, Jersey City, etc.. to find apartments they can afford. 

To qualify for S.O.T.A. apartment seekers must earn at least twice as much as the amount of the rent of the apartment they are applying for. For example if the rent is $1,000.00 per month they applicant must provide proof of income of at least $2,000.00 per month. Landlords can conduct credit and background checks and have applicants submit  pay stubs and any other qualifications they may require of any applicant. 

The city will require a few pictures of the apartment to make sure it is live-able and once a lease is signed and submitted to HRA, they will verify the applicants income, and it will take up to 10 business days for NYC HRA to write a check for the total amount of the 1 year lease. 

For example if the monthly rent is  $1,400.00 NYC HRA will write 4 checks of $4,200 each which is a total of $16,800 (the yearly rent). They will not issue a security deposit check they will only give you a voucher letter to submit a claim. I think it will be a very long process to be reimbursed for any security deposit claim. There also isn't a clear guide if you need to evict the tenant during their lease how and if you have to reimburse NYC's HRA. 

NYC is vested into this program because they want to reduce the recidivism of people leaving and coming back into shelter. 

If anyone is interested I have a contact person who can provide more information. 

6Reply
216 views

Most Popular Reply

Brooklyn, NY · Member since 2013 · 41 posts · 9 votes
8y

i am interested. please forward me the info.

See this reply in the discussion

29 Replies

Jump to latestLatest
  • Brooklyn, NY · Member since 2013 · 41 posts · 9 votes
    8y

    i am interested. please forward me the info.

  • Lender · Newark, NJ · Member since 2016 · 695 posts · 252 votes
    8y

    Someone reached out to me regarding this program and i thought it was a scam. Do you have personal experience with the program? If so, Please let us know how it went and if they are any negatives to the program.

  • Oyster Bay, NY · Member since 2011 · 5 posts · 1 vote
    8y
    I am very interested in this. Would this program help someone trying to move to the city?
  • Rental Property Investor · Brooklyn, NY · Member since 2016 · 45 posts · 38 votes
    8y

    @Vinnie OBrien The person would have to be a resident within NYC shelter system. 

  • Real Estate Broker · Willingboro, NJ · Member since 2016 · 12 posts · 10 votes
    7y

    @Jonathan Soto I recently dealt with the program personally and can attest that it is not a scam.  It is a time-consuming very unorthodox process, however we've developed a few relationships there to speed the process up.

  • Lender · Newark, NJ · Member since 2016 · 695 posts · 252 votes
    7y

    @Harry Walker   thanks for the feedback.  what areas do you invest?

  • Real Estate Broker · Willingboro, NJ · Member since 2016 · 12 posts · 10 votes
    7y
    Originally posted by @Jonathan Soto:

    @Harry Walker   thanks for the feedback.  what areas do you invest?

     Just getting back in the game, but anywhere in NJ. 

  • Investor · New York City, NY · Member since 2014 · 370 posts · 85 votes
    7y

    I would not work with NYC government. I had a homeless family destroy my kitchen and it was an absolute bear to get the Department of Homeless Services to help. I also had a Section 8 tenant that I had to evict and again, no help from the city. The city simply won't help you when things go wrong. It isn't worth it in this environment.

  • Rental Property Investor · Elizabeth, NJ · Member since 2016 · 5 posts · 2 votes
    7y

    I currently rent to someone who qualified for this program. It looked fishy at first but I did a google search and it seem legit.  I got 4 checks totaling a year worth of rent upfront . So far the tenant has been one of the best tenant I have had. I remember her reasoning for choosing my apartment was for its proximity to the train station. 

  • Member since 2016 · 13k+ posts · 12k+ votes
    7y

    Sounds like very high risk for the landlord to me. Difficult likely to get rid of bad tenants and paperwork night mare. I personally will not do business with the government. They are not trustworthy and do not care about consequences. I would stick to my normal business practices as opposed to accepting bribes to house unqualified applicants.

  • Lyndhurst, NJ · Member since 2017 · 4 posts · 2 votes
    7y

    This program aims to shift social and financial responsibilies to other counties and states as recidivism is high. Upfront rent seeks to lower barrier of entry but risk of ruin is high. After careful consideration I passed on the opportunity. 

  • Member since 2019 · 1 post · 0 votes
    7y

    I would like the information

  • Member since 2019 · 2 posts · 2 votes
    7y

    What happens if there is damage to your property and there is no security?

  • NJ · Member since 2019 · 12 posts · 4 votes
    7y
    Originally posted by @Lynda Lloyd:

    What happens if there is damage to your property and there is no security?

    I have experience with this and the program also gives the landlord a security voucher. You can use it if there's damage to the apartment.

  • Member since 2019 · 1 post · 0 votes
    7y

    Is there a way where I can get it without being in a shelter ??

  • Property Manager · NJ · Member since 2017 · 786 posts · 396 votes
    7y

    The S.O.T.A program works well, and is a good option to get a tough to rent vacancy filled if you invest in a low income area.The process of getting the deal done with them is pretty simple but pack your patience though if you get a bad case worker, you'll need it.

  • Austin, TX · Member since 2019 · 5k+ posts · 5k+ votes
    7y

    So in NYC people making over $24,000 a year from stable employment have to live in Homeless Shelters (???)

    In California hoards of poor and dirty Homeless people live in the streets with no stable employment some getting some form of welfare and many just begging.

    This is such a problem.....

  • New York, NY · Member since 2020 · 54 posts · 14 votes
    6y
    Originally posted by @Jonathan Soto:

    Someone reached out to me regarding this program and i thought it was a scam. Do you have personal experience with the program? If so, Please let us know how it went and if they are any negatives to the program.

    My cousin actually works for the program and I plan on using it after my next purchase  

  • Member since 2023 · 1 post · 0 votes
    3y

    Hi, thank you for the information. My case worker told me to search for for an apartment. I got the voucher caleed SOTA.and I earn that amount of money from my employment income. I am desperate for housing please help me so that I can get it.Thank you again inadvance. HG.

  • Member since 2022 · 1 post · 0 votes
    3y

    Also forward me the information 

  • Member since 2023 · 4 posts · 0 votes
    2y
    Quote from @Hyshawn Jackson:

    Is there a way where I can get it without being in a shelter ??


     Yes I got help from the city using hra program.
    I believe I filled out couple forms and got 3 moving quotes from This hra moving quote program.
    Took about 1 1/2 months.

  • Member since 2023 · 4 posts · 0 votes
    2y
    Quote from @Ezra N.:
    Originally posted by @Lynda Lloyd:

    What happens if there is damage to your property and there is no security?

    I have experience with this and the program also gives the landlord a security voucher. You can use it if there's damage to the apartment.


     Did not know landlord got a voucher too

  • Member since 2024 · 1 post · 0 votes
    2y

    I have the Sota Voucher. If anyone can reach out to me as well . I work Full time.

  • Member since 2024 · 1 post · 0 votes
    2y

    Send me all the information about your program 

  • North NJ · Member since 2015 · 100 posts · 28 votes
    1y

    I'm approaching the end of the lease with a SOTA tenant in one of my apartments in NJ. It has been it pleasure so far. My vetting process is strict and my lease is very detailed. So my tenant has been great. Quiet , non problematic. He pays for off street parking timely or early. The program sends my checks timely. No complaints thus far. I just have to see if he still qualifies for renewal because the terms wont be dependent on SOTA payment.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.