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Any housing unit selected by an HCV family must meet an acceptable level of health and safety, as established by the U.S. Department of Housing and Urban Development (HUD), before CHA can approve it for occupancy. Performance requirements and acceptability criteria are applied to each room as well as to the building exterior, heating and plumbing, and general health and safety of the unit.

Selling or buying units? Changing property management? To ensure a smooth transition and avoid delays in payments or processing, property owners must notify CHA of any change in ownership or management as soon as possible – either immediately after closing or once management has been added or removed.

As an HCV property owner or manager, you play a vital role in helping individuals and families find quality, safe and affordable housing. Like managing any rental property, managing a property in the HCV Program is an ongoing process. Here are some quick tips to help you along the way.

To encourage property owners to quickly re-lease their HQS-compliant units to HCV participants, the Chicago Housing Authority is offering vacancy payments for those that qualify. 

While the amount of a vacancy payment varies based on the length of the vacancy, property owners are eligible for up to two (2) months of the previous tenant’s Housing Assistance Payment (HAP).