The Housing Authority of the County of Santa Cruz is pleased to announce a new program to encourage landlords to rent to Section 8 tenants by offering investment protection and financial peace of mind for those willing to help address the local housing affordability crisis.
Using the Landlord Incentive Program, landlords will be eligible for reimbursement up to $2,500 should they incur certain expenses within the first year of tenancy, including damages, unpaid rent, vacancy loss, or legal fees associated with termination for lease violations or lease compliance. The claim could cover amounts that exceed the tenant’s security deposit. Landlords can find more information here.
The program is now available countywide, and funding has been provided by the County of Santa Cruz, as well as the cities of Capitola, Santa Cruz, Scotts Valley, and Watsonville. Claims are subject to availability of funds.
“With the establishment of this Landlord Incentive Program, there has really never been a better time to for landlords to accept families with Section 8 vouchers,” said Jenny Panetta, Executive Director of the Housing Authority of the County of Santa Cruz. “We’ve always assured landlords that tenants with rental vouchers are good tenants, and are no different from tenants in the private market. In some ways, they’re even better. Section 8 tenants now come with a certain degree of protection for landlords!”