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Guaranteed Rent
Each month the Bloomington
Housing Authority will pay directly to the owner the difference between the
family's share of the rent and the total rent. The owner retains his
private property rights including choice of tenants. All types of rental
housing-single family homes, apartments, duplexes, four-duplexes and mobile
homes may qualify for this program. The units must be located within the
county on Monroe. Annual rent increases are allowed as dictated by the
Federal Register and HUD guidelines.
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