A last-minute announcement from the Milwaukee County Housing Authority.
Topic: Learn about current payment standards and how we determine rent amounts with our Director of Supportive Housing, Damir Djidic.
Microsoft Teams
By Dawn Anastasi, RPA Board Member
You may have seen the news that HACM (Housing Authority of the City of Milwaukee) is undergoing issues with running their properties. These issues include delayed maintenance and lost rent payments. HUD, in two letters, notified the agency that its Section 8 bookkeeping contained discrepancies in the millions of dollars and posed a fraud risk.
Recently, HACM has been investigating outsourcing their management to an organization out of Florida.
Read the Article Here for a Recap
What you may not know is that there have been issues with management of Housing Authorities around the country.
Some examples:
Washington, DC
Article from March 2024
East St. Louis, IL
Article from June 2024
Atlanta, GA
Article from September 2024
St. Landry Parish, LA
Boston, MA
Springfield, MA
Article from July 2024
Lee's Summit, MO
Article from August 2024
Columbus, OH
Tulsa, OK
Houston, TX
You're invited to attend a FREE training seminar for owners and managers of rental housing in Waukesha County.
When: Friday, November 8, 2024, 1pm - 3pm
Where: Pewaukee Public Library, 210 Main Street, Community Room
Seminar topics include:
Click Here to Register
Today (Tuesday, October 15), a supermajority of the Common Council voted in favor of a package of investments aimed at crisis prevention citywide. Common Council President José G. Pérez and Finance and Personnel Committee Chair Alderwoman Marina Dimitrijevic noted, “The Council sent a strong message today with our actions in support of eviction prevention, homebuyer down payment assistance, housing for LGBTQ+ youth, pregnant mothers in need, youth programming, and affordable housing.”
“We are proud to put forth innovative partnerships aimed at providing aid to our constituents who need it the most. We thank the twelve members who supported this solution-oriented package, and ask the Mayor to sign this community-centric plan so we can put these pandemic relief funds into the hands of our partners and onto our streets as soon as possible,” they continued.
Organizations/projects that were allocated funding include: Concordia 27; Eviction Free Milwaukee; Zilber Family Foundation - The Bridge Project; Courage Milwaukee; Your Move Milwaukee; and the Homebuyer Down Payment Assistance Program.
Landlord Appreciation Event
Milwaukee agencies will highlight programs that work alongside landlords in the fight to end homelessness. Two awards will be presented to outstanding landlords that have gone above and beyond in supporting our community.
Are you a property owner or manager that is interested in taking on tenants with housing vouchers? Come to this event to ask questions directly to the administrators of supportive programs. This free event is open to the public.
When: Wednesday, October 30, 2024
Time: 5:00 p.m.-6:30 p.m.
Location: United Way JCI Volunteer Center, 200 W Pleasant St, Milwaukee WI 53212
When:
Click here to join the meeting
Meeting ID: 291 278 921 882
Passcode: WUuwKK
Or call in (audio only): 414-251-0392
Phone Conference ID: 252 725 593#
Reminders:
The tenant portion of the rent is proportionate to the tenant’s reported income. When the tenant’s reported income goes up or down, the tenant’s portion goes up or down. If a tenant income goes up $100, tenant’s portion of the rent is going to go up $30, even if the landlord were to lower the rent.
Should the tenant not want to sign rent increase form, you can decide to keep tenant at current rate or give the tenant and HACM a 60 day notice that you will not renew the lease.
Submit rent increases to section8leasing@hacm.org. We are now acknowledging receipt of all documents sent to section8leasing@hacm.org. We will call you if the rent is too high. In the case you don’t hear from us and you do not see new amount reflected in the lease renewal, forward to Stephen.fendt@hacm.org the Rent increase email you previously sent in.
When: Today, September 26, 2024 | 7:00 PM ET (6:00 PM CT)
In this webinar, Theresa Knower, President of Equity 1031 Exchange, covers:
Link to Register
By Erika Morphy, Globe St (Shared Via American Apartment Owners Association)
Apartment rent fraud is rapidly emerging as a major concern for property owners and managers in the real estate industry. This deceitful practice involves applicants using fake documents to misrepresent their financial status, affecting all types of multifamily properties, from affordable units to luxury apartments.
The financial repercussions are significant, with eviction costs averaging between $20,000 to $25,000 per apartment. Despite these high costs, only 17% of multifamily property owners have implemented comprehensive fraud prevention systems, underscoring a critical need for improved measures.
Read the Full Article Here
By Jennifer Ludden, NPR
The Department of Housing and Urban Development is exploring the idea of giving struggling Americans cash aid instead of vouchers. That might seem like an unlikely, bold new move for the federal housing agency — except it turns out that back in the 1970s, HUD was already testing the idea.
Before the cash-aid results were even in, however, HUD launched its voucher program that now serves millions of people. A few years ago, a HUD employee came across the reports from its 1970s tests and wondered whether the idea was worth a new look.
“It’s taken us 50 years to come back to it and really experiment with it once again,” says Solomon Greene, who helps develop policy at HUD.
By Mariam Mackar, TMJ4
There are more than a thousand short-term rental properties in the city of Milwaukee, but a group of small-business owners is worried that some new city rules will put them out of business.
One suggested strategy includes implementing an owner-occupancy rule, meaning the main owner or occupant of the property would have to be present while it is being rented out.
Lisa Loesel, the founder of Short and Suite Home Stay Management, oversees just over 20 short- to mid-term rental properties in the city.
She's part of a local coalition of nearly 30 rental hosts who are worried about these potential future city rules. Loesel says the owner-occupancy rule alone would eliminate most of the rental properties in the city.
BECOME A MEMBER - JOIN TODAY!
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