sec.19NRent policy for residential housing

sec.19N Rent policy for residential housing

This section applies to a BTR provider or HIF provider that receives funding to provide a housing service for residential use. The BTR provider or HIF provider must— keep a rent policy for the housing service; and implement the rent policy for the housing service consistently and fairly. The BTR provider or HIF provider must comply with subsection (2) even if rent is not paid for the housing service. However, if a tenant pays rent for the housing service, the BTR provider or HIF provider must keep a record of rent calculations for the tenant for the period required under the funding agreement. In this section— rent policy , for a housing service for residential use, means a policy that— states the criteria and procedures relating to rent paid by a tenant for the service, including, for example, about— setting the amount of rent; and calculating rent payments; and collecting rent; and managing rent arrears; and provides for— explaining rent calculations to the tenant and dealing with their queries about rent; and giving the tenant a choice of ways to pay rent; and preventing the tenant from getting into serious arrears of rent; and complies with the funding agreement for the service. tenant means an individual to whom a housing service is provided for residential use. s 19N ins 2023 SL No. 179 s 7 (sec.19N-ssec.1) This section applies to a BTR provider or HIF provider that receives funding to provide a housing service for residential use. (sec.19N-ssec.2) The BTR provider or HIF provider must— keep a rent policy for the housing service; and implement the rent policy for the housing service consistently and fairly. (sec.19N-ssec.3) The BTR provider or HIF provider must comply with subsection (2) even if rent is not paid for the housing service. (sec.19N-ssec.4) However, if a tenant pays rent for the housing service, the BTR provider or HIF provider must keep a record of rent calculations for the tenant for the period required under the funding agreement. (sec.19N-ssec.5) In this section— rent policy , for a housing service for residential use, means a policy that— states the criteria and procedures relating to rent paid by a tenant for the service, including, for example, about— setting the amount of rent; and calculating rent payments; and collecting rent; and managing rent arrears; and provides for— explaining rent calculations to the tenant and dealing with their queries about rent; and giving the tenant a choice of ways to pay rent; and preventing the tenant from getting into serious arrears of rent; and complies with the funding agreement for the service. tenant means an individual to whom a housing service is provided for residential use.

• (a) keep a rent policy for the housing service; and
• (b) implement the rent policy for the housing service consistently and fairly.
• (a) states the criteria and procedures relating to rent paid by a tenant for the service, including, for example, about— (i) setting the amount of rent; and (ii) calculating rent payments; and (iii) collecting rent; and (iv) managing rent arrears; and