The Coastal Housing Partnership
Rental Housing Assistance Program
Purpose: To make renting in the
area more affordable for employees of Coastal Housing Partnership
member companies.
How: Coastal Housing Partnership
(CHP) has partnered with a number of local landlords that have
agreed to reduce the monthly Market Rent on new leases on a number
of their rental units for employees of CHP member companies.
Market Rents on studios and one-bedroom units will be reduced
by $50 per month. Market Rents on units with two or more bedrooms
will be reduced by $75 per month. Market Rents on single-family
homes will be reduced by $100 per month.
Landlord Participants:
What you need to do:
- Contact the Coastal Housing Partnership office to register
and to receive a Letter of Authorization
- Present the Letter of Authorization issued by CHP to the Participating
Landlord at the time you lease a Unit
Eligibility:
An employee is eligible for a rental discount if he or she is:
- employed by a CHP member company at the time they move in
- not currently renting at a Unit at a participating property
- able to meet all customary tenant qualification requirements for the
property
Program Policies:
- The number of units at each property that are available for
this program is limited. Check with the landlord representative
to determine availability
- Rental units classified as “affordable” or “senior” are
not eligible for the program
- Participants in the program are entitled to one rental discount
per Unit
- Lease term must be at least one year
- If a program tenant is no longer employed by a CHP member company,
the employee is eligible for the rental discount until the end
of the lease term
|