Housing Catalyst works with private landlords, property owners, and property managers to provide rental homes for eligible families, seniors, and people with disabilities who earn below the area median income. Through the Housing Choice Voucher (HCV) program, participating property managers receive direct payments from Housing Catalyst that cover a portion of their tenant’s rent.
Many families in our community rely on property managers like you who are willing to participate.
How it works
The Department of Housing and Urban Development (HUD) provides federal housing dollars to Housing Catalyst to provide rental assistance to voucher holders. Families with a voucher select a rental from a participating property manager. They pay a calculated portion of their rent and Housing Catalyst pays the remaining balance.
As a property manager, you set the rent, provide a lease, and interact with renters as your normally would.
Benefits for participating property managers
- Screen and select voucher holders just as you would any other renters
- Guaranteed payments made directly to you from Housing Catalyst each month
- Large number of voucher holders seeking rentals
- Residents who are motivated to be good renters
- Experienced housing partner in Housing Catalyst
- You play vital role in address affordable housing challenges in our community
What are my responsibilities as a participating property manager?
The Housing Choice Voucher program is a three-way partnership between Housing Catalyst, the resident, and the property manager.
Property Manager
- Conducts regular screening process for prospective renters
- Follows fair housing laws
- Manages the property and makes repairs
- Ensures resident follows the terms of the lease
- Collects renter’s portion of rent due
Resident
- Works with Housing Catalyst to secure a voucher
- Finds a rental that meets their needs
- Takes good care of the home they rent
- Abides by the lease
- Pays their portion of the rent directly to the property manager
Housing Catalyst
- Determines renter’s eligibility
- Issues housing voucher
- Explains the program
- Approves the home selection
- Pays a portion of the rent directly to the property manager
- Visits the property bi-annually to ensure its safety and that it meets federal Housing Quality Standards (HQS)
How do I become participating property manager?
If you’re interested in participating in the Housing Choice Voucher Program, please contact our Housing Assistance team at 970-416-2910 or email [email protected].
The Process
- The property manager screens and selects a renter
- The renter provides the initial paperwork from Housing Catalyst (the Request for Tenancy Approval) to be completed by the property manager and the renter
- The renter submits the completed paperwork to Housing Catalyst and contacts the property manager to set up an inspection
- After the home passes inspection, the renter signs the property manager’s lease and submits a copy to Housing Catalyst
- The property manager reviews and signs the Housing Assistance Payment (HAP) contract provided by Housing Catalyst
- The first rent assistance check is mailed to the property manager
Please note this initial process can take 1-2 weeks. Housing Catalyst understands that a quick turn-around is important to you and we work hard to expedite this process for new property managers.
Questions?
Visit our Property Manager FAQs to get answers.