Rent increases, owner-occupier prioritization debated as program design advances
Council members and counsel discussed whether to limit grants to owner-occupiers, how to handle investor-owned properties and whether contractual requirements (rent reporting or temporary rent freezes) could mitigate rent-increase concerns; counsel said contractual obligations are possible for non-owner-occupied properties.
The full story
Council members raised repeated concerns that landlord recipients of façade grants could increase rents after receiving public funds, and they discussed whether the program should prioritize owner-occupiers.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in