New Reports on Landlord Incentives, the Digital Divide, and Emergency Rent Assistance Programs
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From The Columbian:
The Vancouver Housing Authority is launching a rent buy-down program to make more rentals available to low-income households in Clark County.
Through the program announced this week, the VHA will provide a subsidy to participating landlords that reduces the tenant’s portion of rent, making the rent more affordable.
Tenants will receive assistance for a minimum of two years.
From the Boston Herald:
Boston Mayor Martin Walsh on Monday announced the formal launch of the City of Boston Voucher Program, which will help hundreds of low-income city families with rental assistance.
The rental voucher program is funded by the city’s operating budget and administered by the Boston Housing Authority.
Walsh announced the voucher program in his State of the City address last year, and included $2.5 million in the fiscal year 2021 budget to create the program.
From the Chicago Crusader:
More than 1,000 property owners, managers, brokers, investors and other real estate professionals took part in a week of learning, networking and sharing best practices at the Chicago Housing Authority’s first-ever virtual Owner Symposium last week, dubbed “Symposium Week ‘20.”