January 2021 Apartment News Magazine

Page 29

CARES CARES for for Landlords Landlords Success Stories

Success Stories

The CARES for Landlords grant program to date has disbursed $432,433 for 11 different residential property owners to assist The CARES for Landlords grant program to date has disbursed 176 households in paying their past-due rent.

$432,433 for 11 different residential property owners to assist When a residential rental property company recently 176 households in paying their past-due rent. knocked on its tenants' doors in Santa Ana, residents got a pleasant surprise.

When a residential rental property company recently knocked on its tenants'wasn't doorsthere in Santa Ana, residents The property manager to collect unpaid rent, many owed after being financially got awhich pleasant surprise. impacted by COVID-19. Instead, they learned that all of their past-due rent had been paid through the City property manager thereprogram. to collect unpaid ofThe Santa Ana's CARES forwasn't Landlords

rent, which many owed after being financially impacted by COVID-19. Instead, they learned that all Some screamed, some cried, some said a prayer. And of their past-due rent had been paid through the City there were many smiles of joy and relief. of Santa Ana's CARES for Landlords program.

HOW CARES FOR LANDLORDS WORKS

The CARES for Landlords Program covers at least 80 Some screamed, somerent cried, some said a prayer. And percent of the monthly owed to participating there were many smiles of joy and relief. CARES for Landlords helps pay past-due rent that is owed landlords since April 1, 2020, provided that they agree to do the following: from tenants who have been financially impacted by • Not pursue the remaining 20% of rent owed for the COVID-19. This program helps the property owners of months covered under the program. The CARES for Landlords Program covers at least 80 residential rentalFOR units LANDLORDS recoup most of the rent they are HOW CARES WORKS • Not increase rent for the unit for a specified period. owed while removing the burden of often months of backpercent of the monthly rent owed to participating • Not assess late fees for the past due rent paid by rent from tenants. The payment is a grant that doesn't landlords since April 1, 2020, provided that they agree the program. CARES for Landlords helps pay past-due rent that is owed need to be paid back. It is just one of several forms of to do the following: from tenants who have been financially by financial assistance provided by the Cityimpacted of Santa Ana • Not pursue the remaining 20% of rent owed for the through theThis Santa Ana CARES COVID-19. program helpsprogram. the property owners of

residential rental units recoup most of the rent they are owed while removing the burden of often months of back- • • rent from tenants. The payment is a grant that doesn't need to be paid back. It is just one of several forms of financial assistance provided by the City of Santa Ana For more information, through the Santa Ana CARES program. please call

months covered under the program. Not increase rent for the unit for a specified period. Not assess late fees for the past due rent paid by the program.

714-667-CARE (2273) or visit www.santa-ana.org/CARES

For more information, please call 714-667-CARE (2273) or visit January 2021

www.aaoc.com

Apartment News

27


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.