METRO GOVERNMENT LAUNCHES PROGRAM TO INCREASE RENTALS FOR HOUSELESS PEOPLE
Landlord Incentive Program offers financial incentive to local property owners
Louisville, KY. – Local property owners who partner with the Louisville Metro Housing and Support Division are now eligible for a financial incentive.
The Landlord Incentive Program offers up to $2,000 to landlords who agree to rent their properties for 12 months to clients of the Housing and Support Division, which aims to connect houseless people in Louisville to housing.
By participating in this program, property owners can help provide stable housing for families in need while also receiving financial support and on-site supportive services.
“We have a huge need for more affordable housing in the community and we often struggle to find suitable and decent housing for our clients in a timely manner,” says Housing and Support Division Manager Joseph Hamilton. “This new program will incentivize and encourage new landlords and property owners to partner with us to provide stable housing for some of our most vulnerable citizens.”
Participants will receive $1,000 once they’ve met with Housing and Support staff and agreed to rent their property to a client, and they will receive another $1,000 upon completion of a 12-month lease.
This incentive program is in addition to federal subsidies that provide on-going rental assistance during the period of the lease. Supportive services, including on-site visits, are also provided as part of the program.
By partnering with the Housing and Support Division, local landlords will contribute to a solution that ensures more families have access to safe and affordable housing.
