Landlord Incentives and Voluntary Rent Guidelines

Board of Supervisors

Meeting Date: 7/26/2016

Preview

The Board will hear a request to consider implementing landlord incentives program and provide direction on voluntary rent guidelines. The median single-family, detached home in Marin County costs about $1 million, requiring an annual household income of almost $200,000 to afford average mortgage payments. The average two-bedroom apartment rent is more than $2,500 per month. A comprehensive set of policy options to address the county's affordable housing needs was first presented through four public workshops between October 2015 and February 2016. At the February workshop, the Board provided direction to staff as to which policy options should be prioritized. Staff now recommends that the Board: a) accept a report on landlord incentives; b) authorize the Board President to execute an agreement with the Marin Housing Authority, in an amount not to exceed $404,000, for the Landlord Partnerships Program; c) approve the scope of the agreement with the Community Land Trust of West Marin (CLAM), in an amount not to exceed $46,000, for the Community Homes Program, and; d) accept a report on voluntary rent guidelines and provide direction to staff.

Review

The Board approved the implementation of a landlord incentives program and provided direction on voluntary rent guidelines.

Need more info? See the staff report about the landlord incentives and voluntary rent guidelines.

Contact: Brian Crawford, Director, Community Development Agency

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