1. Interim Program Funding: $500,000 or $600,000
2. Financial Assistance: Recommendation - Flat Rate Amount as noted or provided by Council • $2,500 for Moderate-Income Households
• $5,000 for Low-Income Households
• $7,500 for Extremely-Low-, Very-Low-Income Households
3. Funding Uses Include: Security deposit, payment of fees and rental assistance; may include moving expenses.
4. Funding Period: Applies to no-fault evictions noticed on or after April 1, 2023.
5. Additional Assistance to Households: Housing navigation services to assist with locating suitable replacement housing.
6. Service Provider: Home Again Los Angeles (HALA)
7. Administration: up to $100,000
1 Budget Discussion Paper-
Interim Renter Relocation Assistance
State Income Limits for 2023
2 Income Level 1 person
household
2 person
household
3 person
household
4 person
household
5 person
household
6 person
household
7 person
household
8 person
household
Extremely Low $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,560 Very Low $44,150 $50,450 $56,750 $63,050 $68,100 $73,150 $78,200 $83,250 Lower $70,650 $80,750 $90,850 $100,900 $109,000 $117,050 $125,150 $133,200 Moderate $82,500 $94,300 $106,050 $117,850 $127,300 $136,700 $146,150 $155,550 Area Median Income: $98,200
For Los Angeles County (2023)
No. 1 – Flat Rate (If Interim Program is pursued, this is staff’s recommended option) Total Assistance: 1. $2,500 for Moderate-Income Households
2. $5,000 for Low-Income Households
3. $7,500 for Extremely-low- and Very-Low-Income Households No. 2 – City of Burbank Median Rent (Changes Monthly)
Total Assistance: 1. 2x $2,150 or ($4,300 current total) Burbank Median Rent for Moderate- Income Households
2. 3x $2,150 ($6,450 current total) Burbank Median Rent for Extremely-Low-, Very-Low and Lower-Income Households
No. 3 – Utilizing HUD Fair Market Rents (Changes Annually - Based on Unit Size) Total Assistance: 1. 2x HUD FMRs for Moderate-Income Households
2. 3x HUD FMRs for Extremely-Low-, Very-Low and Low-Income Households 3 Budget Discussion Paper-
Interim Renter Relocation Assistance