To assist low-income residents, many of whom have lost their jobs temporarily or permanently due to the pandemic, the Housing Authority of Chester County is increasing payment standards to its locations to provide landlords with maximum subsidy assistance, writes Fran Maye for the Daily Local News.
Thanks to this, many affected residents will be able to either remain in their homes or afford housing.
“We increased the payment standards to be consistent with the market demand in terms of rental units,” said Pat Bokovitz, Director of the Chester County Department of Community Development. “This will help individuals who have a hard time finding housing in Chester County.”
He said that this move also represents an incentive “to broaden the net and get more landlords interested in working with those individuals looking for housing.”
The authority is also offering a special landlord incentive in the hopes of encouraging more lease-ups for voucher holders. For every new lease executed on and after May 20, the authority will provide an incentive payment of $1,000 for the landlord. This incentive will continue throughout the year.
Read more about the Housing Authority of Chester County in the Daily Local News here.