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Committee forwards COVID‑19 Rent Resolution & Relief Fund ordinance to Board; sponsor notes fund currently unfunded
Summary
Committee voted to send an ordinance creating a Rent Resolution & Relief Fund to the full Board; sponsor said the program would grant funds to small landlords who voluntarily forgive tenants' rent debt but noted the fund is currently unfunded and awaits revenue decisions.
The committee forwarded to the full Board an ordinance establishing the COVID‑19 Rent Resolution & Relief Fund, intended to provide grants to small property owners who voluntarily waive rent debt accrued by tenants during the pandemic.
Sponsor Supervisor Dean Preston said the fund prioritizes small landlords (those with 10 or fewer units) and property owners facing hardship, and would reimburse a percentage of the waived rent as a grant. Preston also noted that while the ordinance establishes program rules, the fund itself was not yet funded at the time of the hearing and that additional action will be required to identify revenue sources.
No callers provided public comment on this item during the meeting. The committee voted by roll call to forward the ordinance with a positive recommendation to the full Board.
