Owner FAQs:  General Questions    Contracting and Rent    Finance and Ownership    Tenant Issues and Terminations

If you sell the property during the Section 8 tenancy, you may transfer the lease and Housing Assistance Payments (HAP) contract to the new owner. You are responsible for telling interested buyers that the unit is rented to a Section 8 tenant, and for giving a copy of your HAP contract to the buyer.  The new owner should report a change of ownership to the LACDA as soon as possible to begin the transfer of housing assistance payments.

Reporting a Change of Ownership to the LACDA

If you are a new owner, submit a Transfer of Ownership form, with proof of ownership (such as a recorded deed or closing escrow statement).

When the Ownership Services Unit receives the request form, the LACDA places a hold on the monthly housing assistance payment for the following month. Ownership change documents will be sent to you within one week.  A confirmation letter is mailed to the new owner to confirm that the new transfer has been completed, and the tenant is notified of new ownership as well.  Once you return the requested information with signatures, a transfer of ownership will be completed within 10 business days, and payments are released to the new owner.

You may contact the Ownership Services Unit via:

Email: owner.services@lacda.org
Phone: (626) 586-1644
Fax: (626) 943-3854  

When you take over a lease (including the Tenancy Addendum) and HAP contract for a Section 8 tenant, you must adhere to the terms of the agreements.  Please become familiar with the terms of these documents by reading the HAP contract you obtained from the seller; or request a copy from the Ownership Services Unit.

Please note: The LACDA generates monthly payments 10 days before the first of the month.  If you are reporting an ownership change on the last week of the month, the payment for the following month will be issued to the owner/payee on record.  The new owner is responsible for advising the former owner to return the overpayment back to the LACDA.  Once it is received, the LACDA will re-issue payment to the new owner when the transfer of ownership is processed.  The new owner may also simply obtain reimbursement from the former owner.

Reporting a Change of Address to the LACDA

You may log into the LACDA's Owner Portal and submit your request online.