Wake County, NC Lease 2 Home initiative creates incentives for expanded affordable housing options

Wake County, NC Lease 2 Home Affordable Housing Incentives

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Wake County built a Lease 2 Home app in-house for streamlined housing matches. Social service providers work with housing-insecure residents on finding available housing through the app. The county's Landlord Engagement Unit (LEU) recruited housing providers with incentives including $500 per signed lease and $1,000 for damages beyond security deposits. County officials hope for 50 participating landlords and 300 new affordable units in Lease 2 Home's first year.

Mobile App Affordable Housing Community Services

Wake County, NC

County in North Carolina

United States

Links

Lease 2 Home | Wake County Government

Lease 2 Home is a program under the Landlord Engagement Unit within Wake County’s Housing Affordability and Community Revitalization Department. It was created with the intention of bridging the gap between Housing Provider Partners with affordable rental homes and Wake County residents who are seeking permanent affordable housing.

NACo Achievement Awards: Lease2Home: Matching Customers with Affordable Housing Opportunities

The Landlord Engagement Unit (LEU) connects individuals/families exiting homelessness and seeking affordable housing units with landlords seeking tenants. Our mission is: • Increase affordable housing accessibility through relationships with housing/homeless service providers • Create/manage a comprehensive database of affordable, available homes • Coordinate tenant relocation

Newsworthy

Lease 2 Home Program to Bring More Affordable Rental Homes to Wake County | Wake County Government

Wake County has launched a new initiative to help expand the pool of affordable housing available, while also bringing financial benefits to the partners who provide them. Lease 2 Home, part of the Landlord Engagement Unit within Wake County’s Housing Affordability and Community Revitalization Department, aims to increase the supply by offering incentives to housing provider partners, like landlords and property owners, to offer units at affordable prices for qualified tenants.

Awards

NACo Achievement Awards - Community and Economic Development

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