Articles — Housing Stabilization Program
Posted by Stephen Marshall on
RENTAL ASSISTANCE UPDATE Lexington's rental assistance program has become much more landlord-friendly. The Housing Stabilization Program has removed the 45-day waiting period and the 30-day notice requirement from its settlement agreements. This means that if your tenant receives assistance but fails to resume paying rent once the money runs out, you may proceed to give your usual notice to pay or vacate immediately rather than waiting for 45 days then giving a 30-day notice. This is good news that should encourage more landlords to participate in the program and get their rent paid. The settlement agreement still requires that you...
- 1 comment
- Tags: evictions, Housing Stabilization Program, rental assistance, state legislation, Tenant's Bill of Rights