Pottsville p.a. info or advice 🤔

[Pedro Bartolomei]

Possibly looking to invest in Pottsville p.a. as buy and holds . Does anyone have any insight into that market. ? Thanks in advance 

[Joseph Adelmann]

Hi @Pedro Bartolomei

You can fact check me on their site but this is my recollection of the process. You have to contact the Pottsville Housing Authority to let them know you have a property, provide them with information about the unit, and they will list it for people in the program. They will conduct an inspection of the unit and approve a certain amount of assistance based on what the number of bedrooms the tenant is eligible for, the unit's number of bedrooms, and the market rate for comparable units. From there it is a direct deposit every month, some follow-up inspections (they used to be yearly but I think they changed that), and they will reassess the assistance amount yearly (it has mostly changed a couple of dollars, except for one tenant who lost his or her job and then the program covered the entire rent). Here is their website
https://www.pottsvillehousing....