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Who makes the rental payment and when may an owner expect to receive the payment?

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Who makes the rental payment and when may an owner expect to receive the payment?

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Each month, NYCHA makes a housing assistance payment directly to the landlord. The first check may take 4 to 6 weeks to process depending upon the date the unit passes inspection and the date NYCHA receives all necessary paperwork from the tenant. Otherwise, all regular checks are mailed out on the last working day of each month. Tenants are responsible for paying their portion of the rent directly to landlords according to the terms of the lease. Back to the Top • How much may be charged for rent? The owner establishes the contract rent subject to approval by NYCHA according to a HUD standard of “rent reasonableness”. In rent controlled and rent stabilized apartments, NYCHA will approve the legal rent registered with New York State Department of Housing and Community Renewal (DHCR). For unregulated units, NYCHA may not approve a unit that exceeds rents charged for similar unsubsidized units in the neighborhood. Back to the Top • Are rent increases allowed? Yes, an owner may request a

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