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Council could expand rent subsidies for seniors

08/12/2019 3:30 PM | Margaret Fulton (Administrator)

City Hall could distribute $2 million to hundreds of low-income seniors to help pay their rent.

The City Council approved the Preserving Our Diversity pilot program in 2017 to set aside $200,000 to subsidize rent for long-term residents aged 62 and older who live in rent-controlled apartments. On Tuesday, the council will vote to expand the program from its initial 22 participants to up to 400 struggling seniors.

“The Preserving Our Diversity (POD) pilot program was launched to help seniors live with dignity by meeting their basic needs, in order to preserve the affordability of existing housing resources and sustain Santa Monica’s economic diversity by helping low-income seniors remain in the community,” housing program manager Jim Kemper wrote in a report.

Read More: https://www.smdp.com/council-could-expand-rent-subsides-for-seniors/178479

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