There’s more help available for small landlords in the city of Auburn.
The City Council approved an amendment to the Community Development Block Grant program that allocates $34,000 to landlords who operate one to four-unit properties with tenants who have not been able to pay their rent, due to COVID-19. Auburn City Clerk Chuck Mason says the money is unspent funds from an earlier $500,000 housing program.
Mason says the maximum grant amount available is $5,000 and is limited to minor repairs to the unit or up to 2-months of mortgage/tax payments (taxes must be in escrow to qualify). Tenants must meet household income eligibility and proof of COVID related income loss. The availability of this grant is extremely limited and will be provided on a first come, first served basis. Landlords will be monitored for two years to ensure affordable rent is charged and that units are rented to tenants of low to moderate income.
Listen to my full Inside the FLX conversation with Chuck Mason below.