NC Rental Assistance Programs - North Carolina Housing Coalition

NC Rental Assistance Programs
Both PBRA and TBRA Options
created by North Carolina Housing Finance Agency 92016
What’s in it for you?

Established Referral Network

Reduced Credit Exposure


State pays security deposit

State pays majority of rent

State pays damages if incurred

State pays for broken leases

State pays for eviction costs under specific circumstances
Supported Tenants
created by North Carolina Housing Finance Agency 92016
Targeting Program
 Used currently in NCHFA LIHTC program.
 Landlord agrees to ‘reserve’ a specific number of units for referral
network, per a Targeting Agreement on property by property basis.
 This number
capped at 20% of total units.
 Landlord notifies Regional Housing Coordinator/DHHS
 Regional Housing Coordinator/DHHS
of vacancy.
responds with applicants or
releases unit.
 Landlord notification requirement is suspended
once “Targeted
Units” filled.
created by North Carolina Housing Finance Agency 92016
Key Rental Assistance (PBRA Option)

Key only works within the Targeting Program.

A Key Payment Standard is established and owners sign a Key Owner
Agreement to Participate.

DHHS Regional Housing Coordinator sends over applicant with referral
form.

Verify applicant has disability income.
created by North Carolina Housing Finance Agency 92016
created by North Carolina Housing Finance Agency 92016
Key Payments

Request Key via on-line portal with supporting documentation.
 Key will pay security deposit.
 Key will pay for damages, not to exceed $2500.
 Key will pay for uncollected tenant portion of rent, not to exceed 3
months.
 Key will pay for remaining lease period, not to exceed 2 months.
 Key will pay for eviction costs, if chance for remediation steps are
taken, not to exceed $1000.
created by North Carolina Housing Finance Agency 92016
Transitions to Community Living Voucher (TBRA Option)

TCLV works through out private market.

Referral network will send over potential applicants.

Referral network will support applicant throughout the leasing and
move-in process.

Rent is negotiated, and outlined with a housing assistance payment
contract.

A Housing Quality Standard inspection is required.
created by North Carolina Housing Finance Agency 92016
TCLV Features
Voucher capped at $600.
Tenants have access to move-in funds for security, utility,
and other move-in expenses.
Are supported by team of people.
Security Deposit paid directly by program.
All risk mitigation features of Key incorporated.
created by North Carolina Housing Finance Agency 92016
Addition Feature: Holding Fee

Holding fees can be applied to keep a vacant unit ‘reserved’ for
referral network if a potential applicant cannot make application in
timely fashion but can in a reasonable amount of time.
created by North Carolina Housing Finance Agency 92016
Partner with NCHousingSearch.org and Socialserve.com

NCHousingSearch.org is a free place to list and locate rental
properties across North Carolina.

The nonprofit Socialserve.com provides a toll-free, bilingual
call center to help landlords add and update property
information; assist people in search of housing; and recruit
landlords to house target populations.
created by North Carolina Housing Finance Agency 92016
Questions?
Contact Information:
Targeting Program & Key Rental Assistance
Heather Dominique, Subsidy Administration Programs Coordinator:
[email protected], 919-877-5661
Transitions to Community Living Voucher Program
Ellen Blackman, Community Living Specialist: [email protected], 919-981-2506
Russell Cate, Community Living Specialist: [email protected], 919-875-3828
created by North Carolina Housing Finance Agency 92016