Landlord Economic Relief Program
For Immediate Release: Wednesday, December 09, 2020
Landlord Economic Relief Program for Multifamily Affordable Rental Housing
Washington County is offering an expedited application process to assist owners of multifamily affordable rental housing projects located in the County that have been impacted by the loss of rental revenue associated with the Covid-19 pandemic. The purpose of this funding is to provide relief to landlords, provide relief to tenants who have not been able to fulfill their rental obligations due to the pandemic, and to stabilize subsidized housing projects so that they can continue fulfilling the mission of providing quality housing to Washington County households with modest incomes.
For a property to be eligible, it must be located in Washington County, consist of five to 300 units, have deed restrictions enforcing an affordability period of fifteen years or more, and there is a demonstrated net loss in rental income due to the Covid-19 pandemic from March 1, 2020 through December 30, 2020 once other assistance has been applied to offset the loss.
Eligible applicants include nonprofit and for-profit entities and the Housing Authority of Washington County. Applicants may submit applications for multiple properties. If the property owner is a Limited Partnership, the applicant must be the Managing General Partner or an equivalent. In the case that the Housing Authority may be a Special Limited Partner for the purpose of tax exemption only, the Housing Authority may not be the applicant.
Properties serving the following populations disproportionately impacted by inequities exacerbated by COVID-19 will be prioritized:
- Black, Indigenous, Latinx, and people of color
- Families with children
Funds received through this program must be applied toward back-due rent, and the payments must be credited to the accounts of tenants who are behind in their rent. Properly documented modifications related to Covid-19 and occurring March 1, 2020 through December 30, 2020, may receive secondary consideration if sufficient funds are available. Decisions regarding awards for modifications and delayed maintenance and repair costs will be made at the sole discretion of the County and are dependent upon eligibility and funding availability.
The maximum award for rental economic relief per project is $300,000. If an applicant submits multiple projects, the maximum award per applicant for all projects submitted by that applicant is $500,000. Awards may be reduced prior to making the final payment should rental payments by an outside entity (such as Community Action) be conveyed to owner between December 1, 2020-January 15, 2021. Washington County will verify prior to making payment. This is to ensure that any payments in transit are validated as non-duplicating.
If you have a question about the program, you can contact: email@example.com
- Click here to apply for this program
- Learn more about Washington County's CARES Act Fund allocations
There will be a “Pre-Application Zoom Meeting” on Friday, December 11, 10:00 a.m. and those property owners interested in learning more about the program are encouraged to attend it by using the following links:
Join Zoom Meeting
Dial by your location
+1 346 248 7799 US (Houston)
+1 669 900 6833 US (San Jose)
+1 253 215 8782 US (Tacoma)
+1 312 626 6799 US (Chicago)
+1 646 876 9923 US (New York)
+1 301 715 8592 US (Washington D.C.)
Find your local number: https://us02web.zoom.us/u/kcMm8ODhoK
The final day to submit questions about the program is Wednesday, December 16, 2020, by 5:00 p.m.
Applications are due by 5:00 p.m. on Friday, December 18, 2020 and will not be accepted after that date and time.
Those being awarded funds will be notified on Wednesday, December 30, 2020, and awards will be made in January of 2021.
Media Contact:Lisa DuPre', Public Affairs and Communications Coordinator