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RESOLUTION APPROVING FUNDING OF THE REGIONAL LANDLORD RECRUITMENT PROGRAM
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Summary and Background Information:
The Metro Mayors Caucus recently joined Colorado Housing Connects to announce a new regional Landlord Incentive Program, recognizing the regional nature of the challenge of ending homelessness and the important role that landlords can play in helping individuals and families find a safe place to call home. The incentive fund will be available to local property owners and landlords in the seven-county metro area who agree to rent their available apartments or homes to individuals with housing vouchers who participate in the regional Coordinated Assessment and Housing Placement System, administered by the Metro Denver Homeless Initiative. The fund offers caring and community-minded landlords up to $1,000 to help cover costs associated with vacancies, damages and any repairs that would occur while their tenant is in a binding lease agreement. More information is available at Colorado Housing Connects at 1-844-926-6632 or www.coloradohousingconnects.org.
Launched with $10,000 in seed money from the Metro Mayors Caucus, the program is now in excess of $54,000 thanks to the contributions of the following communities:
Denver $15,000
Aurora $10,000
Metro Mayors Caucus $10,000
Golden $3,000
Boulder $2,500
Lakewood $2,500
Northglenn $2,500
Parker $1,500
Arvada $1,000
Centennial $1,000
Cherry Hills Village $1,000
Englewood $1,000
Greenwood Village $1,000
Thornton $1,000
Westminster $1,000
Brighton $500
Based on the housing needs within Commerce City, staff recommends that city council approve a $3,000 investment in the fund, sharing program information in the city newsletter, website and Housing Authority.
Staff Responsible (Department Head): M. Halstead
Staff Member Presenting: Michelle Halstead
Financial Impact: $3,000
Funding Source: General Fund
Staff Recommendation: Approve resolution as presented.
Suggested Motion: I move to approve Resolution 2015-88, approving city's financial contribution to the Landlord Incentive Program