LOS ANGELES (CNS) – The Los Angeles City Council on Tuesday approved an additional $2 million toward a rental assistance program for renters and landlords in the 13th District.
The program, which began late last month, offers grants of up to $5,000 per household to renters in the district who make 80% or less of the area median income, or AMI.
Demand for grants has been high, according to Councilman Mitch O’Farrell’s office. With the additional funding, a total of $5 million has been allocated to the program.
“The CD13 rental assistance program is off to a strong start, and we want to make sure we help more people. It’s as simple as that,” O’Farrell said in a statement. “With this additional funding, we will provide financial assistance to hundreds more renter families in my district. Our mission to keep people housed continues, and we will not give up.”
The city’s eviction moratorium due to the hardships of COVID-19 is set to expire on January 31. Landlords can resume rent increases for rent-controlled apartments starting in February 2024.
O’Farrell’s district, which stretches from Hollywood to Glassell Park, has the highest number of rental units and multifamily in Los Angeles, according to Anna Ortega, assistant general manager of the city’s housing department.
The program closed for applications on November 4.
Under eligibility requirements, a family of two making up to $76,250 a year or a family of four making up to $95,300 qualify for the program. Landlords who own four or fewer units plus a single family home can also apply on behalf of their tenants.
A $1 million program he introduced at the start of the pandemic providing $2,000 per family helped about 500 families, according to O’Farrell’s office.