Lease to Locals Hits Housing Milestones

24/03/2025 5 min
Lease to Locals Hits Housing Milestones

Listen "Lease to Locals Hits Housing Milestones"

Episode Synopsis

A housing program launched in April 2024 successfully housed 55 individuals in year-round leases across 33 properties. The Lease to Locals initiative, after a promising pilot year, plans to continue. A study revealed a significant income gap between seasonal and year-round rentals, leading to the program's design to connect property owners with tenants. Funding comes from room tax revenue, and the program aims to house nearly 100 individuals in total.