How long do I have to hold vacant units available for qualified tenants?
Until the project has met both the Total Set-Aside and Very Low Income Set-Aside requirements, vacant units must be leased or held available for Qualifying Tenants. If owners/managers have been unsuccessful in attracting income eligible tenants to fill vacant units, they should contact the monitoring agency for additional guidance about how to reach these households.
Related Questions
- Can the vacant units held available for qualified tenants be counted toward the number of units needed to meet the propertys set-asides?
- Can the vacant units held available for qualified tenants be counted toward the number of units needed to meet the property’s setasides?
- Will current Strathearn Heights tenants be given right of first refusal to buy units in the new development?