Source: Austin Monitor —
Real estate agents in Austin have an incentive to find market-rate homes for those experiencing homelessness, and help one of the city’s main homeless services nonprofits lower the number of people facing housing instability.
Austin’s Ending Community Homelessness Coalition, known as ECHO, has launched its new Realtor Incentive Program, which offers a sliding scale of incentives for securing market-rate lease agreements for ECHO-referred tenants enrolled in supportive service programs. The incentives begin at $500 and climb to $2,000 for high-volume participants.
Funded through a $500,000 city grant to promote landlord engagement, the program is part of ECHO’s department of community housing.
Paul Mohr, ECHO’s community housing portfolio manager, said the organization hopes to create more relationships with property owners and management companies who are willing to work with the city’s Homelessness Response System and take in tenants with housing subsidies to cover their rent and utilities.
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