1. NC Rental Assistance Programs
Both PBRA and TBRA Options
created by North Carolina Housing Finance Agency 92016

2. What’s in it for you? Established Referral Network
Reduced Credit Exposure
State pays security deposit
State pays majority of rent
State pays damages if incurred
State pays for broken leases
State pays for eviction costs under specific circumstances
Supported Tenants
created by North Carolina Housing Finance Agency 92016

3. Targeting Program Used currently in NCHFA LIHTC program.
Landlord agrees to ‘reserve’ a specific number of units for referral network, per a Targeting Agreement on property by property basis.
This number capped at 20% of total units.
Landlord notifies Regional Housing Coordinator/DHHS of vacancy.
Regional Housing Coordinator/DHHS responds with applicants or releases unit.
Landlord notification requirement is suspended once “Targeted Units” filled.
created by North Carolina Housing Finance Agency 92016

4. Key Rental Assistance (PBRA Option)
Key only works within the Targeting Program.
A Key Payment Standard is established and owners sign a Key Owner Agreement to Participate.
DHHS Regional Housing Coordinator sends over applicant with referral form.
Verify applicant has disability income.
created by North Carolina Housing Finance Agency 92016

5. created by North Carolina Housing Finance Agency 92016

6. Key Payments
Request Key via on-line portal with supporting documentation.
Key will pay security deposit.
Key will pay for damages, not to exceed $2500.
Key will pay for uncollected tenant portion of rent, not to exceed 3 months.
Key will pay for remaining lease period, not to exceed 2 months.
Key will pay for eviction costs, if chance for remediation steps are taken, not to exceed $1000.
created by North Carolina Housing Finance Agency 92016

7. Transitions to Community Living Voucher (TBRA Option)
TCLV works through out private market.
Referral network will send over potential applicants.
Referral network will support applicant throughout the leasing and move-in process.
Rent is negotiated, and outlined with a housing assistance payment contract.
A Housing Quality Standard inspection is required.
created by North Carolina Housing Finance Agency 92016

8. TCLV Features Voucher capped at $600.
Tenants have access to move-in funds for security, utility, and other move-in expenses.
Are supported by team of people.
Security Deposit paid directly by program.
All risk mitigation features of Key incorporated.
created by North Carolina Housing Finance Agency 92016

9. Addition Feature: Holding Fee
Holding fees can be applied to keep a vacant unit ‘reserved’ for referral network if a potential applicant cannot make application in timely fashion but can in a reasonable amount of time.
created by North Carolina Housing Finance Agency 92016

10. Partner with NCHousingSearch.org and Socialserve.com
NCHousingSearch.org is a free place to list and locate rental properties across North Carolina.
The nonprofit Socialserve.com provides a toll-free, bilingual call center to help landlords add and update property information; assist people in search of housing; and recruit landlords to house target populations.
created by North Carolina Housing Finance Agency 92016

11. Questions?
Contact Information:
Targeting Program & Key Rental Assistance
Heather Dominique, Subsidy Administration Programs Coordinator:
Transitions to Community Living Voucher Program
Ellen Blackman, Community Living Specialist:
Russell Cate, Community Living Specialist:
created by North Carolina Housing Finance Agency 92016