How much rent can I charge?

You cannot charge more than the unit would bring on the open market. We do have payment standard guidelines according to family size. A family can rent a unit that is above their payment standard; however, they will pay the difference dollar for dollar. At the point that they would be spending more than 40% of their income, use of the unit would be denied. Also, the higher rent must be reasonable compared to similar units on the open market.

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1. If I currently have someone in my rental unit who is in need of financial help, can they get on the EPHA program for immediate assistance?
2. Can I use my own lease agreement?
3. How do I make my unit available to voucher holders?
4. Can you answer questions about the potential family to assist with the screening process?
5. How much rent can I charge?
6. Will you inspect my unit before I find an EPHA-qualified family to rent it?
7. Does the EPHA pay for any tenant damages?
8. What else should I consider before leasing to an EPHA client?
9. Can I charge the tenant extra above the amount stated on the lease agreement?
10. Can I charge a penalty for late rent payments?
11. If I do have problems with the tenant, does the EPHA take care of the problem for me?