Glen Cove Releases Information About Federally Funded Housing Voucher Program

Press release from the City of Glen Cove:

September 30 2020

Calling All Landlords

What is the Housing Choice Voucher Program (HCVP)?

• Federally funded program administered by Glen Cove Community Development Agency, City of Glen Cove Housing Choice Voucher Program
• Provides housing assistance to eligible families
• Subsidy provided for a portion of each tenant’s monthly rent
• The landlord is paid directly and promptly
• Glen Cove Housing Choice Vouchers receive additional HUD 10% exception, due to higher area market rents as follows: Studio: $1,477; 1BR: $1,824; 2BR: $2,238; 3BR: $2,866; 4BR: $3,185 (minus the utility allowances). These rents go into effect 11/1/2020.
• For further information and to be included on the Glen Cove Housing Choice Voucher Program Landlord List, call (516) 676-1625 or via email at fmoore@glencovecda.org

Financial Incentives to landlords during Covid social distancing:

• $1,500 for the first apartment rented with the program;
  $500 for each new unit thereafter.
• To increase landlord participation and create new housing opportunities for households with vouchers, Glen Cove Housing Choice Voucher program is offering landlords $1,500 for their first new unit with the program. Thereafter, landlords will receive $500 for every new unit leased with the program.
• Current participating landlords are eligible for the $500 incentive for each new unit leased with the program.

NOTE: Incentive is available only until Federal Cares Act funding is exhausted. Incentive to be paid upon participant moving into the unit.

This press release was produced by the City of Glen Cove. The views expressed here are the author’s own.