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HomeMy WebLinkAboutIU - PresentationCity of Palm Springs Rental Assistance Ariel Tolefree-W illiam s, Housing Services Adm inister 1 Program Accomplishments VERVIEW Program Challenges What’s Next2024/25 Goals and Objectives 2 PROGRAM ACC MPLISHMENTS Rental Assistance Resident Assistance Advocacy & Resources •Understanding more of residents needs•Building more programs to benefit full time residents•Partnership with Riverside Legal Aid February 8,2024 -July 23, 2024 Septem ber 26, 2023 - January 10 , 2024 3 PROGRAM CHALLENGES 1 3 Approximately half residents assisted work in hospitality. low wages make this a band-aid program, but a necessity Helping 1x a year, vs 1x ever could assist residents more Low Wages Working with Sober Houses to get people post-rehab off the street Needing housing for folks with extremely low incomes with higher deposits Creative Funding There has previously been no mechanism to reach property managers and landlords Need for a better way to vet Need for a Rent Registry Landlords& Property Managers 2 4 PROGRAM CHANGES 1 3 max funding allocation = $12,000 per household tenants in units with affordability covenants not eligible For Residents security deposits will be limited to 1 month (AB12) must register with rent registry (starting 7/1) must provide City with an update on tenant 90 days after receiving the final assistance For Landlords Quarterly Allocations 2 5 Development Preservation 2 25 •Continue Rental & Utility Assistance*^ •Launch Rent Registry for Landlords and Tenants*^ •Continue relationships with apartment complexes and Property Owners •Stay up to date on what resources are available for residents in Coachella Valley & Riverside County Assistance •Start more projects with developers •Work with developers who can work on smaller projects (under 1 acre) for infill projects^ •Financially invest in affordable development projects*^ •Inclusionary Housing Ordinance^ •Housing for All^ •Mobile Home Preservation*^ •Preserve At Risk Affordable Housing properties^ •Work with property managers to resolve larger maintenance issues* * = Funding is req u ested ^ = Mandated by th e Housing Elem ent 6 1.Appropriate $1,000,000 in Housing Set Aside funds for the TBRA 2.Accept red line changes to TBRA Policy & Procedure manual Rec mmendation 7