VETERAN HOUSING RENTAL INCENTIVES
At the end of December 2015, the federal government announced an end to chronic veteran homelessness in New York City, following a two-year effort by Mayor de Blasio to help veterans who have been homeless for a year or longer find a home. We continue our work to move additional veterans into permanent housing. To support this effort, the incentives described below are currently available to landlords, brokers, and supportive housing providers.
- 15% Broker Bonus (15% of the annual rent) for brokers who connect homeless veterans with LINC apartments or units that can be subsidized using HUD VASH, HPD Section 8, and MRT vouchers.
- $1,000 Landlord Incentive for every apartment and commercial SRO with a one-year lease signed by a homeless veteran.
- $500 Room Rental Incentive to landlords renting rooms through the LINC program for every one-year lease signed by a homeless veteran.
- $1,000 Bonus to Supportive Housing (SH) Providers for each community unit rented to a veteran with a HUD VASH, HPD Section 8, or MRT voucher.
- $2,000 Bonus to Supportive Housing Providers for each community unit rented to a veteran with a LINC voucher.
- Access to a Special Supplemental Assistance Fund of up to $3,000 per year for landlords who house veterans, to cover potential damage to the apartment, as well as to assist with the payment of rental arrears, if needed.