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Over $17 million in housing relief coming to San Luis Obispo County

Over $17 million in housing relief coming to San Luis Obispo County
SCRIPPS
and last updated 2021-02-27 01:16:19-05
Right now, county officials estimate there is upwards of $25 million in rent debt in San Luis Obispo County.
California recently passed the California Rental Assistance Program which will give San Luis Obispo County more than $17 million in rent relief to offset the effects of the COVID-19 pandemic.
County Supervisor Bruce Gibson said, â[The] money [is] going back to tenants, so they can stay up on their rent, so they can stay in their housing and money also going back to landlords because the ripple effect there is they face foreclosure.â ....

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SLO County to receive $17.5 million for tenant and landlord financial aid

Starting in March, local tenants and landlords will be able to apply for financial assistance to cover unpaid back rent under a new state program that s allocating millions of dollars to San Luis Obispo County.
The California Rental Assistance Program which will launch thanks to new state legislation, Senate Bill 91 is designed for low-income tenants who have accumulated back rent due to COVID-19 economic impacts.
Landlords will also be eligible for aid to cover 80 percent of uncollected rent from qualified tenants between April 2020 and March 2021. But under the program, which is voluntary, landlords must agree to waive the remaining 20 percent of owed rent. ....

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