Is it true that the Tenant Selection Plan (TSP) does not need to specify policies regarding opening and closing the waiting list?

The Tenant Selection Plan (TSP) is a critical document that outlines how a multifamily housing property will manage its tenant selection process, including the criteria for assessing eligibility and the procedures for maintaining and managing the waiting list.

It is essential for the TSP to specify policies regarding opening and closing the waiting list because this helps ensure transparency and consistency in how potential tenants are handled. By detailing these policies, property managers can communicate effectively with applicants about their status and the availability of units, which is crucial for maintaining fair housing practices. Clear guidelines help to avoid confusion and potential discrimination claims, ensuring that all applicants are given equal opportunity based on the established procedures.

Policies related to the waiting list also help tenants know when they can apply, when they might expect action on their application, and how often the waiting list will be updated. This clarity is paramount in building trust and ensuring compliance with regulations governing tenant selection and housing equity.