A new program in Louisville will pay landlords who rent out space to houseless people.
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. It is designed to provide rental assistance, utility assistance and security deposit assistance for houseless people in Louisville.
City officials said property owners can provide stable housing for families in need while receiving financial support and on-site supportive services.
Participants will receive $1,000 once they have met with Housing and Support staff and agreed to rent their property to a client. Renters will also receive another $1,000 upon completion of the 12-month lease.
The incentive program also offers supportive services for renters.
The incentive program is in addition to federal subsidies that provide on-going rental assistance during the period of the lease.
In May, city officials said nearly 600 people are living on the street full time. Another 1,100 are living in temporary shelters.
Source: WDRB
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