Are you a rental owner looking to fill your vacant apartment?
Participating as a rental owner in the federal Emergency Housing Voucher (EHV) Program, you will benefit from guaranteed monthly rent payments, low vacancy rates, and a relationship with a seasoned housing specialist from the Public Engagement Unit who is familiar with the program details and can streamline the lease-up process.
Through the American Rescue Plan and in response to the housing crisis that was made worse by the COVID-19 pandemic, the U.S. Department of Housing and Urban Development (HUD) awarded a limited number of Emergency Housing Vouchers (EHVs) to the New York City Housing Authority (NYCHA) and the NYC Department of Housing Preservation & Development (HPD). These vouchers provide long-term rental assistance to eligible households and are a type of Section 8 voucher that follows many of the rules and processes of the Section 8 programs that both of these agencies operate.
Housing More New Yorkers
NYCHA and HPD are issuing vouchers now, and voucher holders are looking for clean, safe units at rates higher than you might think. Owners like you have the keys to our recovery. Fill your vacancies fast and ensure stable housing for New Yorkers for years to come.
The Mayor’s Public Engagement Unit (PEU)’s Home Support Unit works with owners and brokers across NYC to lease vacant units to New Yorkers with housing vouchers such as Emergency Housing Vouchers (EHV). The NYC Home Support Unit connects owners and brokers with qualified tenants looking for long-term stable housing, and helps to expedite the leasing process to fill vacancies faster.
Benefits for Leasing with EHV: Payment Standards and Incentives for Owners
There are many benefits to working with voucher holders, including:
Consistent and timely subsidy payments at rates higher than you might think.
Did you know that voucher holders generally pay 30%-40% of their income towards the rent, and the voucher—backed by the government—covers the rest every month? This ensures you are getting a consistent and timely government-backed check every month for all or a portion of the rent.
Some ZIP codes may even be an "Exception Payment Standard" ZIP code, meaning that the voucher amount will more closely match the local market in these more costly areas, creating even more housing opportunities for New Yorkers with vouchers.