Want to add rent or create a charge for a tenant who receives government assistance? There are step-by-step instructions below, but here's a brief overview of the outcome.
The process below allows you to create a corresponding tenant role for the Section 8 deposits alongside the tenant's payments. Through this process, the Section 8 payments and the tenant's portion operate as two tenants who share the unit. And your records will show all the income you receive in one convenient location!
Follow the instructions below
Step 1: Create a Section 8 Tenant
From your RentRedi dashboard, select the Properties tab
Select the property to which the Section 8 tenant is linked
On the lower left side of the Unit Card, you'll see the Tenants section
After you confirm the tenant is listed there, select Add Tenant
Leave the Email section blank and tap Next
For the first and last name enter: Section and Eight
Select Next
Done! You've successfully created a Section 8 Tenant for the deposits
Step 2: Create the Charges
On your RentRedi dashboard, click the + next to the Rent tab
Select the charge type (Lease/ Rent or Other)
Select the property address and unit associated with the Section 8 tenant
Select BOOK TO to indicate where/what type of charge is being created and insert a charge description
Click Continue
Confirm that the tenant and the Section Eight tenant you created are listed
Click Continue
Enter the rent amount for the full amount of the charge, lease dates, and set the recurrence of the charge (i.e., monthly, bi-monthly, custom, etc)
Click Continue
Preview charges and edit any due dates, delete or duplicate charges if needed
Click Save
Done!
Step 3: Documenting the Section 8 Payments
Once you receive the direct deposit from HUD (Section 8), you'll be able to manually enter the amount with the steps below:
Click into the unit associated with the Section 8 tenant
Locate the charge paid by Section 8
Click on that charge
In the bottom right section, you'll see Add Payment
Add details about when the funds were received, the amount, and any details for your record
Click Add Payment
Then Save the charge
Done! Your external payment is recorded alongside your tenant's payment.
If the tenant needs to make a partial payment before the supplementary income, the instructions are below!