Act 287 – What You Need To Know
Posted on Aug 2, 2022 in NewsAct 287 aims to provide landlords with incentives to participate in the Section 8 Housing Choice Voucher (HCV) program.
Act 287 requires the Hawaii Public Housing Authority (HPHA) to establish a landlord incentive program to ease burdens that may prevent landlords from participating in the Section 8 HCV program. It also requires HPHA to establish a reasonable timeframe of 15 days for an inspection to occur once an inspection request to lease up a unit has been submitted. Funding for additional staff capacity is included.
HPHA is required to adopt or amend its administrative rules for the Act’s implementation, with a deadline of July 1, 2023 set for certain portions of the measure.
What incentives will be offered?
- Reimbursement of up to one month of rent when the rental unit sits vacant during initial lease up or between Section 8 tenants;
- A signing bonus of up to one month of rent;
- Reimbursement for tenant-caused damage costs that exceed the security deposit.
For more info, visit: https://homelessness.hawaii.gov/landlord-engagement/