LOUISVILLE, Ky. (WDRB) -- A new program in Louisville will reward landowners for renting 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's 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.Â
"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," Housing and Support Division Manager Joseph Hamilton said in a news release Wednesday. "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."
According to a news release, participants will receive $1,000 once they've 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 is in addition to federal subsidies that provide on-going rental assistance.
In May, city officials said nearly 600 people are living on the street full time. Another 1,100 are living in temporary shelters.Â
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