Dayton Beach Rental Assistance Program Offers Cash Bonuses to Landlords

Dayton Beach Rental Assistance Program Offers Cash Bonuses to Landlords

Dayton Beach Rental Assistance Program Offers Cash Bonuses to Landlords

The second round of federal coronavirus aid has pumped some much-needed life into local housing programs. Many of these programs ran out of funds before the December 31, 2020 deadline that applied to the first round of federal funds. The second round of aid has now made it from the federal government to the state, and it is working its way into local housing programs that provide more direct aid to residents. These programs can help both tenants and landlords mitigate their financial losses and move forward from the devastating financial effects of 2020. 

The Dayton BeachNews-Journal reports that the Dayton Beach Housing Authority has $600,000 in funding from the CARES Act set aside to assist low-income renters. While there are over a hundred local tenants who are interested in using these funds, the Housing Authority has had more difficulty finding landlords who are willing to enter into leases under this program.

The program has now been expanded to include a $400 cash bonus to landlords for each tenant they get under contract by April. (The bonuses are subject to units passing inspection.) There is also no limit to the number of tenants – and thus the amount of cash bonuses – a landlord can claim under the program. In addition, the bonuses are paid from separate federal funds made available to the Housing Authority, so they will not reduce the $600,000 available in rental assistance.

Speak with Our Casselberry and Oviedo Eviction and Foreclosure Lawyers

Landlords and tenants who need help with this program – or assistance finding other local housing programs – should contact a local housing attorney as soon as possible. The experienced Oviedo and Casselberry eviction attorneys at Quattrochi and Torres are here to help all Florida residents mitigate their financial losses in these challenging times. Call 407.452.4918 or contact us online today to schedule your free consultation.

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