Author Topic: Any Landlords Familiar with Section 8 in NYC?  (Read 284 times)

Offline schneury

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Feb 2011
  • Posts: 542
  • Total likes: 30
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Any Landlords Familiar with Section 8 in NYC?
« on: March 12, 2024, 08:38:10 PM »
If a tenant has section 8 living in a 3 bedroom apartment, the lease finished many years ago and the landlord is only getting $2,000 a month in rent, can the landlord make a new lease and pickup the rent to section 8 maximum for a 3 bedroom which is $3777?

Offline ah giten

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2015
  • Posts: 1992
  • Total likes: 393
  • DansDeals.com Hat Tips 6
    • View Profile
Re: Any Landlords Familiar with Section 8 in NYC?
« Reply #1 on: March 12, 2024, 09:12:21 PM »
If a tenant has section 8 living in a 3 bedroom apartment, the lease finished many years ago and the landlord is only getting $2,000 a month in rent, can the landlord make a new lease and pickup the rent to section 8 maximum for a 3 bedroom which is $3777?
I believe rent can only be increased a certain percent each year. Can't just jump to nearly double.

Offline whacked1

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2012
  • Posts: 2587
  • Total likes: 530
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Any Landlords Familiar with Section 8 in NYC?
« Reply #2 on: March 12, 2024, 09:38:52 PM »
If a tenant has section 8 living in a 3 bedroom apartment, the lease finished many years ago and the landlord is only getting $2,000 a month in rent, can the landlord make a new lease and pickup the rent to section 8 maximum for a 3 bedroom which is $3777?
Tenant would need a transfer voucher and apply for a new unit for the rent to be reset.