New Rules For Eviction for Federal Assistance for Tenants Extra 30 Days

The new rules for federal assistance always favors the tenants in most cases. The new rule now is you have to provide written notification to tenants facing eviction for nonpayment 30 days prior to filing for eviction.

This will affect a lot of investors who cannot get an extra months rent on their properties. Think about it you have to go give them a written and 30 day notice and then file for eviction which takes time in Ohio. That would be another 4 to 6 weeks and we’re very landlord, friendly state.

Any federally funded Tenant now will get an extra 60 to 90 days to be evicted.

This is why we purchase properties that people want to live in not that they have to. We currently have no federally funded Tenant so our investors do not have to worry about this new law.

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Been in the business for over 35 years allows me to see that the rules are always changing at the federal government level. This affects the bottom line in a big way.

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This final rule provides that public housing agencies (PHAs) and owners of properties receiving projectbased rental assistance (PBRA) must provide written notification to tenants facing eviction for nonpayment of rent 30 days prior to filing a formal judicial eviction procedure. For purposes of this rule, PBRA and other forms of project rental assistance includes projects in the following programs: Section 8 ProjectBased Rental Assistance, Section 202/ 162 Project Assistance Contract (PAC), Section 202 Project Rental Assistance Contract (PRAC), Section 811 PRAC, Section 811 Project Rental Assistance Program (811 PRA), and Senior Preservation Rental Assistance Contract Projects (SPRAC). This final rule largely adopts the proposed rule and, in response to public comments, has been revised to include additional requirements in the 30-day noticeSUMMARY

This final rule provides that public housing agencies (PHAs) and owners of properties receiving projectbased rental assistance (PBRA) must provide written notification to tenants facing eviction for nonpayment of rent 30 days prior to filing a formal judicial eviction procedure. For purposes of this rule, PBRA and other forms of project rental assistance includes projects in the following programs: Section 8 ProjectBased Rental Assistance, Section 202/ 162 Project Assistance Contract (PAC), Section 202 Project Rental Assistance Contract (PRAC), Section 811 PRAC, Section 811 Project Rental Assistance Program (811 PRA), and Senior Preservation Rental Assistance Contract Projects (SPRAC). This final rule largely adopts the proposed rule and, in response to public comments, has been revised to include additional requirements in the 30-day notice

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