The City Council wants new locally funded rent subsidies to be an option when considering affordable housing protections.
At their May 10 meeting, the council approved a request from Mayor Pro Tem Ted Winterer and Councilmembers Sue Himmelrich and Kevin McKeown that staff explore expanding affordable housing policies to include a local rent-subsidy program that would target severely rent burdened low-income renters currently living in rent-controlled apartments.
Read More: http://smdp.com/council-greenlights-exploration-of-new-rent-subsidies/155238