At some point, you’re going to have to notify households that you’re raising their rent. Reasons for raising the rent on a low-income unit can include a utility allowance decrease, an over-income household, a change in your area’s median gross income, or, if the rent is below...
At the beginning of every winter season, many site managers begin to worry about the possibility of being hit with slip-and-fall lawsuits filed by residents or guests. Although it’s inevitable that accidents will occur, the management can try to make the site as safe as...
As you know, first impressions are lasting ones. In the apartment industry, first impressions can mean the difference between high turnover and high renewal rates. Industry studies show that residents typically make their renewal decisions within the first 48 hours of residing at a community,...
Many elderly residents are capable of living independently and paying their rent on time. But sooner or later, you may have an elderly resident who has trouble coping with day-to-day concerns, such as managing money, paying rent on time, or keeping his unit tidy. An elderly resident who has...
According to U.S. Census data released in June 2011, more than half—51.6 percent—of all the country's businesses that responded to the 2007 Survey of Business Owners were operated primarily within homes or other noncommercial spaces. And because the data was compiled before the...
One way households may steal electricity is by stealing from the building supply. Households may tamper with wiring and hook up directly to your building's metered electricity supply. A resident who does this taps into power that you're paying for. Another way to steal electricity is...
Last month, the Insider discussed how to determine whether an absentee's confinement in a hospital or nursing home is temporary or permanent. Problems with noncompliance can arise if you don't count the income of an absentee who should be considered a member of the household....
Sometimes verification sources don't return the forms that you send them to verify certain information such as a household member's income or student status. In these situations, you must try to verify the information by telephoning the sources. To stay in tax credit compliance, you'...
It's easy to make a mistake when calculating the rent you charge low-income households at your tax credit site. For instance, a staff member might have made an error in arithmetic when adding a household's utility allowance, or staff may have used the income limits for the wrong...
According to HUD's latest report on U.S. Rental Housing Characteristics, vacancies in assisted rental housing are much lower than the national average. Fewer units are affordable to low-income renters. In fact, according to the 2011 Housing and Homelessness policy statement distributed by...
Many managers assume that applicants with Section 8 vouchers are automatically eligible for tax credit housing. Unfortunately, this is not always the case. Households that are eligible for Section 8 assistance may not be eligible for tax credit housing. Or, if eligible, they may not be able to...
