COVID-19 Rent Relief Program FOR PROPERTY MANAGERS

ARE YOU FACING A LACK OF RENTAL INCOME DUE TO COVID-19?

ARE TENANTS UNWILLING TO WORK WITH YOU TO ACCESS AVAILABLE AID?

OUR TEAM CAN HELP.

Starting in March 2021, every US state has received billions of dollars from the federal government to allocate towards rent relief through the American Rescue Plan. As part of that aid, property owners and landlords can access rental relief funds.

As a property manager, this means that you can potentially recoup all of your rental losses going back to March 2020.

If tenants qualify, the state will directly pay landlords and property managers the full amount of rent arrears – as well as 3 months of future rent!

In the past, Covid-19 rent relief programs have been largely unsuccessful in getting the funds to their intended destination. In New York State, less than $40 million of the $100 million set aside for tenants reached their intended recipients.

Why? To take advantage of previous COVID-19 rent relief, tenants had to be willing to cooperate and provide documentation to prove their eligibility. Unfortunately, many tenants were either unwilling or unable to work together with their property managers. Owners and landlords were forced to give up on their claims, and many never received the money they were owed.

If you are going to receive your vital rent income, you need a team that can help connect the dots.

Let Capricorn Capital Group Handle The Details

Most state COVID-19 relief programs offer a short window of 180 days to apply. When that window closes, the money will no longer be available.

Not only is the timeline short, but funds are distributed on a first-come-first-serve basis. This makes it critical that applications be submitted as soon as possible.

How Capricorn Capital Group Works to Reclaim Your Lost Income

At Capricorn Capital, we understand the hardships facing landlords and property managers. That is why we exist to help by negotiating the communications between tenant and landlord.

Our team of experts is persistent in obtaining the necessary documentation from the tenant, such as income statements, tax forms, unemployment records.

Our firm has a dedicated team of attorneys and staff to expedite the application process. We’re determined to invest full-time support to get the tenants on board with the process.
We have the resources to be persistent in our outreach to the (often non-compliant tenant) and assure them that this is a WIN-WIN situation of great personal benefit to them.

Ready To Get Started?

At Capricorn Capital Group, we work together with property managers and tenants in order to maximize the benefit for both sides. As a neutral third party, we can approach tenants to negotiate the best possible outcome.

Capricorn Capital Group takes cases on a commission basis: there are no upfront fees and we only get paid when you do.

Protect your valuable investments with a team that has the experience necessary to help you recover from financial disruption.