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What is a hip voucher?

The LACDAs Homeless Incentive Program (HIP) offers monetary incentives to encourage landlords to rent their available units to LACDAs homeless Section 8 voucher holders.

What is the meaning of Section 8?

The Housing Choice Voucher Program, also known as Section 8, is the federal governments program for assisting low-income families, the disabled, and the elderly afford housing. Participants can choose housing that meets the requirements of the program and receive housing vouchers to help with their rental costs.

What is the homeless incentive program in California?

Incentives. Landlords can receive up to one months rent, per vacant unit held, and based on the number of bedrooms and current Fair Market Rents (FMR). Move-In Assistance may include security deposit, utility assistance, and furniture essentials depending on the needs of the homeless family or individual.

What are the incentives for landlords in Los Angeles?

Participating landlords are eligible for incentive payouts such as: a one-time signing bonus of $2,500 for each unit leased, up to $5,000, or three months rent, (whichever is less) one-time reimbursement for new contract inspection repairs, reliable subsidized monthly payments, and free property listing.

What is the homeless incentive program Los Angeles?

Incentives. Landlords can receive up to one months rent, per vacant unit held, and based on the number of bedrooms and current Fair Market Rents (FMR). Move-In Assistance may include security deposit, utility assistance, and furniture essentials depending on the needs of the homeless family or individual.