Paying Rent

Rent is due by the 1st day of each month. Rent is late if it is not paid on or before the 1st of the month. This also includes any outstanding maintenance and other charges. In other words, if you pay the amount you owe each month for your unit on time, but do not pay for charges that you or individuals in your household incur due to maintenance damages, excess utility charges, or violations by the first of the month, then your collective rent payment will be late.  If your rent payment is late more than three times within any 12 month rolling period, lease termination will proceed. In addition, you will be subject to a $10 late fee if you submit your late rent payment after the 11th day of the month.

In order to avoid late payments and late fees, HACEP is proud to offer you two convenient ways to pay your rent.  The first is through automatic bank withdrawal.  By filling out an automatic bank withdrawal authorization form that is available in your property manager's office, you give HACEP permission to deduct the exact amount of rent that you owe automatically from your bank account. Please note that you must have sufficient funds in your account when HACEP makes the withdrawal, which occurs every month on the same date. If you do not have sufficient funds in your account, you will be disqualified from using this convenient service and your rent for that month will be considered late.

The other convenient way to pay your rent is through Image Direct Deposit, or IDD machines, that are set up in your property manager's office. Simply stop by the office any time during normal business hours, and your property manager will gladly receive your rent payment in the form of a check or money order. Your payment will then be processed through the IDD machine and will instantly post to your account!

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Housing Acquisition Corporation

HAC is a subsidiary of HACEP and manages 1,300 tax credit units. Visit HAC for more information.
 

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