We have (2) tenants currently not paying. One of which hasn't since march. We were going to start looking into this program but figured I would stop in here and see if anyone else has started the application process and has any pointers.
@Jared McCullough - I have applied for the CARES RRP for one of our tenants. She was not paying since March. We applied for March - August. We received a check for March - July rent. For August, our RRP "processor" indicated that our tenant would need to be provide proof of income to receive the last month's rent requested. With that said, our tenant explained to us that they got a new job and would start paying in September. Emailed them today about payment and guess what they said... "my car may have died, and I may need a new car." Funny that there was just an announcement about halting evictions through end of year.
Did you run into the issue where PA says they can only pay up to $750 and you have to waive your right to collect any additional rent? That doesn't even come close to covering my mortgage payment.. trying to figure out what to do since today is the deadline.
@Jessica Mayo , we did not run into any issues, but you are correct, the maximum amount of monthly assistance is $750.00 per tenant. Our one tenant struggling to pay had a monthly rent of $650, so it was below the $750 cap.
Not sure of your situation, but it might be beneficial to take advantage of this program unless you think your tenant will pay for all past due rent with 99% certainty. If they are behind one month, than maybe that risk isn't as much, but if they are six months behind, I'd say try to collect a sure thing (depending on the cooperation of your tenant and their eligibility). It's an easy process, but you do need your tenant's signature and input.
How long did it take to get the check? My tenant and I applied back in September and haven't heard back from them at all.