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Friday, July 21, 2023 9:45 AM | NYC Exclusive ApartmentsCityFHEPS and Landlord Bonuses (Two Month’s Rent)On June 29, 2023, the Department of Social Services (“DSS”) implemented significant revisions to the CityFHEPS rental assistance program. Bonus Payment StructureThe key change is an increase in the bonus payment structure for landlords owning properties within certain zip codes. This change is effective through December 31, 2023. Incentive for LandlordsCityFHEPS is now offering a landlord a bonus equivalent to two month’s rent. This bonus is available if the landlord successfully leases a unit to a CityFHEPS voucher holder in one of the designated zip code areas. Selection Process for Zip CodesThe selection process for these zip codes considered several factors. These include rental market conditions, availability of affordable housing, proximity to essential services, and community support systems. Access the CityFHEPS Landlord Bonus Zip CodesFor more information and to see the designated zip codes, please use this link: CityFHEPS Landlord Bonus Zip Codes. For more articles like this, explore our blog. Syd Harewood is a real estate professional with a passion for NYC’s architectural gems. For inquiries, call or message Syd Harewood at 📞646-535-3819. Experience the finest in NYC real estate with Syd’s expert guidance and deep knowledge of the city’s most exquisite properties. |
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