Hallandale Beach CRA Allocates $1 Million for Rent Stabilization Program to Provide Financial Assistance to Low to Moderate Income Tenants
In the wake of South Florida experiencing the largest year-over-year rent increases in the state at 57.2%, the Hallandale Beach Community Redevelopment Agency’s (CRA) Board of Directors voted unanimously on Tuesday, August 24, 2022, to approve the Rent Stabilization Program. The Program allocates $1 Million in rental assistance for qualifying tenants living within the CRA boundaries who earn low to moderate average median incomes and have had their rent increase by 20% or more. […]