For Landlords

Some counties and agencies pair their Rent Well courses with a Landlord Incentive Fund. This funding provides landlords with an insurance-like coverage if they choose to rent to a Rent Well graduate with a current certificate and can reimburse a landlord if the graduate leaves their rental unit within the first year and owes unpaid rent, damages, or legal fees beyond what the security deposit covers. Depending on the local resources, this fund can range from a maximum amount of $650 to $5,000.

In order to access this type of funding a landlord must register the guarantee within 30-days of moving the graduate into the unit. This is a simple process is very simple and includes providing a brief application and copies of the signed lease and move-in inspection/condition report.

What Fund is Available in My Area?

Landlord Incentive Funds are based on localized resources that are tied to where the graduate/tenant graduated from the Rent Well course. Some areas might have access to incentive that is up to $650, others might have access to funds up to $5000, while at the same time, other areas might still be in the process of finding the appropriate funding sources. Below, is a brief breakdown of the areas and counties that have Rent Well programs and the Landlord Incentive Funds. However, you are more than welcome to reach out the Rent Well Program directly to help navigate this system for you.

Rent Well is taught in Multnomah County, OR by many agencies. Those that are graduating Rent Well students in Multnomah County are paired with a Landlord Incentive Fund through the state of Oregon's Housing and Community Services and overseen by Transition Projects. This fund is called the Rent Guarantee Program and is up to $5000.

Rent Well is taught in Clackamas County, OR by Clackamas County Social Services and by Red Lodge Transition Services.

  • For those that have graduated Rent Well classes from Clackamas County Social Services, their Rent Well classes are paired with a Landlord Incentive Fund, called the Landlord Guarantee Program, through the county which is up to $1000.

  • For those that have graduated Rent Well classes from Red Lodge, their Rent Well classes are paired with a Landlord Incentive Fund, called the Rent Guarantee Program, through the state of Oregon's Housing and Community Services and overseen by Transition Projects and is up to $5000.
  • Rent Well is taught in Washington County, OR by many agencies. Those that are graduating Rent Well students in Washington County are paired with a Landlord Incentive Fund through the state of Oregon's Housing and Community Services and overseen by either Community Action of Washington County or Transition Projects. This fund is called the Rent Guarantee Program and is up to $5000.

    Rent Well is taught in Linn, Benton, and Lincoln County, OR by Community Services Consortium. Those that are graduating Rent Well students in these counties are paired with a Landlord Incentive Fund through the state of Oregon's Housing and Community Services and overseen by Community Services Consortium. This fund is called the Rent Guarantee Program and is up to $5000.

    Rent Well is taught in Lane County, OR by Homes for Good. Those that are graduating Rent Well students in Lane County are paired with a Landlord Incentive Fund through the state of Oregon's Housing and Community Services and overseen by Transition Projects. This fund is called the Rent Guarantee Program and is up to $5000.

    Rent Well is taught in Yamhill County, OR by Yamhill Community Action Partnership. Those that are graduating Rent Well students in Multnomah County are paired with a Landlord Incentive Fund through the state of Oregon's Housing and Community Services and overseen by Yamhill Community Action Partnership. This fund is called the Rent Guarantee Program and is up to $5000.

    Rent Well is taught in Clark County, WA by SHARE. They currently do a Landlord Incentive Fund, the Landlord Guarantee Fund, paired with their classes for an amount up to $1000.

    Rent Well is taught in Cowlitz County, WA by the Veteran Integration Program at Housing Opportunities of SW Washington. They currently do a Landlord Incentive Fund, the Landlord Guarantee Fund, paired with their classes for an amount up to $650.

    Rent Well is taught in Lewis County, WA by Reliable Enterprises. They currently do not have a Landlord Incentive Fund paired with their classes but are looking into future possibilities. Please stay tuned.

     

    Registering a Guarantee

    To access to a Landlord Incentive Fund, a landlord must register the guarantee within 30 days of signing a lease with the Rent Well graduate. If it is not registered within that time frame then a landlord may not be able to access if if they need it in the future. The registrations are taken on a first come, first serve basis as funding is available.

    Step 1: Ensure that both your unit and future tenant are covered by a Landlord Incentive Fund. Landlords are strongly urged to contact the Rent Well Program before signing a rental agreement with the tenant to confirm that the graduation certificate is valid. The Rent Well Program will also be able to inform the landlord about the tenant's eligibility, what funding streams and amounts the landlord qualify for, paperwork that is needed and where to submit that too.

    Step 2: A landlord must complete a Landlord Incentive Fund Rsgistration Packet within 30 days of siging a lease with the tenant. This packet must include:

    • Completed Landlord Guarantee Fund Application
    • A copy of the Lease/Rental Agreementsigned by both the Landlord and the Rent Well Graduate
    • A copy of the Move-In Condition/Inspection Report signed by both the Landlord and the Rent Well Graduate

    The Landlord Guarantee Fund Application may vary a bit depending on the funding stream but should be very simiular and simple. This is what the Transition Projects'/Multnomah County Rent Guarantee Program application looks like.

    The Rent Well Program and other Landlord Incentive Fund providers will review the documents and if approved with send a guarantee registeration confirmation letter to both the landlord and tenant. Guarantees are effective for a maximum of twelve months from the move-in date noted on the Lease/Rental Agreement.

    Making a Claim

    Since the program began in 2009, on average less than 1% of landlord have needed to access the funds. If a claim does need to be filed it is important to know what that process looks like.

    Landlords must file the claim within 30 days from when the tenant vacates the unit.

    A landlord must be prepared to submit the following documents during the claim process:

    • Rent Well Landlord Guarantee Claim Form
    • Any appropriate documentation to support the claim, including, but not limited to:
      • Move-Out Condition Report
      • Receipts or invoices for any repairs (required if requesting reimbursement for damages)
      • Written accounting statement reflecting tenant-owed expenses
      • Documentation of non-payment of rent (72 hour notices, tenant ledger, etc.)
      • Receipts for any eviction related court costs

    Please know that any applicable payments, deposits, fees (including lease break fees), or pre-paid rent collected from the tenant must be deducted from requested ammount before funds fromt he guarantee will be paid out.

    Transition Projects and other Landlord Incentive Fund providers reserve the right to verify a claim and may request additional documents to support claim. Landlords must submit additional documents within 5 business days. Transition Projects and other providers reserves the right to perform an inspection of the unit. Inaccurate or falsified information will be grounds for denial of a claim.

    At the end of a claim review the fund provider will issue a either a claim confirmation letter and check or a denial letter with explanation at the end of the process.