Get the free Tenant Selection Plan For LIHTC Properties - inet snhs

NHS Management Corporation c×o Southern NH Services, Inc. The Community Action Agency for Hillsborough County P.O. Box 5040, Manchester, NH 03108-5040 40 Pine Street, Manchester, NH 03103 Telephone:

How to fill out tenant selection plan for

How to fill out a tenant selection plan for:

1. Start by gathering all relevant information about the rental property and the criteria you will use to select tenants. This includes factors such as income requirements, credit checks, rental history, and any specific restrictions or preferences you have.
2. Create a template or form for the tenant selection plan. This can be done in a word processing program or using an online platform specifically designed for rental management. Make sure to include sections for all the necessary information and criteria.
3. Begin by providing general information about the rental property, including its address, type of unit, and any unique features or amenities it offers.
4. Specify the criteria you will use to select tenants. This can include things like minimum income requirements, credit score thresholds, criminal background checks, and references from previous landlords.
5. Outline any specific policies or preferences you have for tenant selection. For example, you may have a no-pet policy, restrictions on smoking, or age restrictions. Clearly communicate these requirements in the tenant selection plan.
6. Provide detailed instructions on how applicants should submit their information and supporting documentation. This may include asking for completed application forms, proof of income, identification documents, and references.
7. Lay out the process for reviewing and evaluating applicants. Explain how the screening process works, including who will be involved in the decision-making process and the timeline for notifying applicants.
8. Ensure that your tenant selection plan is in compliance with all relevant fair housing laws and regulations. These laws prohibit discrimination on the basis of race, color, religion, sex, national origin, disability, and familial status. Familiarize yourself with these laws and make sure your plan adheres to them.

Who needs a tenant selection plan for:

1. Landlords: Landlords who own and manage rental properties need a tenant selection plan to ensure that they have a fair and consistent process for selecting tenants. This plan helps them assess potential tenants based on objective criteria, reducing the risk of discriminatory practices.
2. Property management companies: Companies that provide property management services for landlords also need tenant selection plans. These plans help ensure that all their clients' properties follow a standardized and lawful tenant selection process.
3. Housing agencies: Government agencies or nonprofit organizations that oversee affordable housing programs may require a tenant selection plan to ensure that they are following fair housing practices and allocating housing resources fairly.

In summary, filling out a tenant selection plan involves gathering information about the rental property and criteria, creating a template or form, specifying selection criteria and policies, outlining the application process, ensuring compliance with fair housing laws, and establishing a fair and consistent screening process. This plan is necessary for landlords, property management companies, and housing agencies to maintain a fair and legal tenant selection process.

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