The city of Wichita plans to incentivize landlords to rent units to low-income residents who receive rental assistance. On Tuesday, Wichita’s City Council voted to support the new program with $250,000 from the city’s allocation of American Rescue Plan Act funding. The program is in response to rising rental rates in Wichita, as well as several recent major sales to new out-of-state property owners who have decided not to accept housing choice vouchers, a form of rental assistance for low-income people and families, formerly Section 8. The city says it is often presumed that housing choice tenants are more likely to cause damage or not fulfill the lease, so the new program will cover the costs of excessive damages or vacancy costs.
Source: Wichita Business Journal
