Rental Subsidy Program Clause Samples

Rental Subsidy Program. The Rental Subsidy Program aims to financial assist participant’s transition into market rate permanent housing. The target population for the program is SFAPD referred clients as having the potential to transition successfully off the subsidy within a specified timeframe, as assessed by the Grantee. A rental subsidy is defined as a monthly housing grant not to exceed $350 per household per month over a maximum of 6 months or a Participant’s termination from SFAPD supervision, whichever happens sooner. On a case by case basis, SFAPD may extend a participants program beyond 6 months. The Grantee will manage and deliver the services through the following program components:

Rental Subsidy Program. The Rental Subsidy Program aims to financial assist participant’s transition into market rate permanent housing. The target population for the program is SFAPD referred clients as having the potential to transition successfully off the subsidy within a specified timeframe, as assessed by the Grantee. A rental subsidy is defined as a monthly housing grant not to exceed $350 per household per month over a maximum of 6 months or a Participant’s termination from SFAPD supervision, whichever happens sooner. On a case by case basis, SFAPD may extend a participants program beyond 6 months. The Grantee will manage and deliver the services through the following program components: The Grantee shall receive referrals from DPOs, CASC Case Managers and other selected SFAPD partners. On a case by case basis, SFAPD may consider referring to the Program Justice Involved San Francisco residents, not under SFAPD supervision. The Grantee shall assess referred clients to determine eligibility and whether they are appropriate for subsidy or other assistance. The assessment will include a review of the following areas: o Client’s Income Requirements ▪ Income must not exceed 80% of Area Median Income (AMI). ▪ A minimum of 90 days of consecutive verified employment. ▪ Client’s income must be a minimum of $2,200 per month net. ▪ Demonstrated ability to increase income and transition off the subsidy within the specified timeframe. ▪ Rent shall not exceed 50% of total net household income. o Participant Agreement ▪ Subsidy disbursement is contingent on program engagement and demonstrated progress toward achieving the milestones to increase their income, as established in the IPHP. ▪ Provide proof of tenancy (i.e., be named on the lease agreement, have a valid sublease agreement that can be verified, or submit a completed tenant contract that can be verified).