LA Will Provide Some Rental Relief For Tenants Slammed By Coronavirus
The city of L.A. moved today to provide more help to renters slammed by the coronavirus pandemic.
The City Council voted to create a rental assistance program, and to initially fund it with $2.2 million.
People making 80% or less of their area’s median income will be eligible; they will have to document how COVID-19 has hurt their finances.
The money will go directly to landlords; it will cover up to half a month's rent, with a maximum of $1,000 per month and $3,000 over the life of the program.
The fund is modeled after one set up last year to assist tenants who saw rent hikes before a statewide rent control law took effect.
READ OUR FULL REPORT:
LA Says Yes To Rental Help, But No to A Citywide Rent Hike Freeze
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