Santa Monica is still struggling to refine a plan that would have City Hall subsidize rents for some tenants in rent-controlled buildings.

The budget for the pilot program is $200,000 for rent assistance with an additional $100,000 for administration that could include hiring a consultant to help manager, collect and analyze data to determine who should receive assistance as well as conduct eligibility screening.

To be eligible for the pilot program, renters must be extremely low-income (earn less than 30 percent of area median income), severely rent-burdened (pay more than 50 percent of gross household income toward rent), and have lived in a Rent Control apartment for at least 10 years.

Read More: http://smdp.com/housing-commission-to-debate-rent-subsidies/158209