Wake County, NC Lease 2 Home initiative creates incentives for expanded affordable housing options
Wake County, NC Lease 2 Home Affordable Housing Incentives
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.
Wake County, NC
County in North Carolina
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
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.
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