Lease to Locals
Partner Agency:
Amount Funded:
$500,000
Funding Committee(s):
TBID Advisory Committee
- Offers cash incentives to homeowners to rent locally
- Targets homeowners who rent their homes seasonally or for one year
- Rentals should be to qualified local employees
RECENT UPDATES:
Nine new properties were added to the Lease to Locals program recently, housing 13 local workers and six children. Additionally, of the nine properties that completed the program during the last quarter, seven continue to rent long-term.
In total, 223 people have been housed through the Lease to Locals program since its inception, 97 properties have been awarded grants, and the average property rent is $2,546.