Property owners in gentrifying neighborhoods are frequently targeted for predatory sales.

Home for Good (HfG) connects owners with the capital funds and supports to renovate their properties, rent them at an affordable rate, and realize the gains from their appreciating property value.

Home for Good supports new landlords.

SUPPORT

RECRUIT

RENT

RENOVATE

How
Home
For
Good
Works

Educates the community on the value of their properties

Recruits HFG participants likely to obtain a RIF loan

Supports the renovation process: Selecting a quality contractor, applying for the City’s RIF forgivable loan, understanding the permitting and inspection requirements

Provides additional ULP capital for certain renovations outside RIF’s scope

Expedites and pays for the rental license and lead inspection

Provides a “starter” emergency repair escrow account of $500

Helps participants connect to quality property managers or learn to self-manage the property

Connects participants with ongoing learning

Benefits for
The City

  • More safe, affordable housing options

  • Neighborhood Stabilization

  • Preventing vacant properties and disrepair

  • Aligning with public programs and housing goals

Benefits for
Property Owners

  • Keeping homes in the family 

  • Turning property into steady income

  • Appreciating the value of the property

  • Getting hands-on support to become confident, capable landlords

Benefits for
Neighborhoods

  • Locally owned rentals that are stable and community-connected

  • Preserving the identify of the neighborhood by preserving the housing stock