What percentage of contract rent can owners receive for vacancy loss claims for up to 60 calendar days?

The percentage of contract rent that owners can receive for vacancy loss claims for up to 60 calendar days is 80 percent. This provision is designed to support owners in mitigating their financial loss due to unavoidable vacancies. The intent behind allowing a percentage of contract rent during a vacancy period is to help maintain property management stability and encourage timely leasing efforts.

This percentage reflects a balance between ensuring that owners are compensated for their loss while also promoting the rapid turnover of units. Under certain housing programs, such as those governed by the Department of Housing and Urban Development (HUD), there are specific guidelines that allow landlords to claim this portion of contract rent, thus creating a safety net for property owners while they work to fill vacancies.

The other options do not accurately reflect the percentage set by these regulations, thereby clarifying that the correct figure is based on policies that prioritize operational stability for multifamily housing providers.