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Rent aid disbursed in Lansing, MI? Good for investors and PMs?
Hello fellow Lansing, MI area investors and RE professionals!
I just saw this in my news feed:
WLNS: Lansing to administer $27 million in emergency rental assistance grants.
https://www.wlns.com/news/michigan/lansing-to-administer-27-million-in-emergency-rental-assistance-grants-2/
Has this already been done in other states or major cities? Would this likely help landlords get money for missed rent or deferred rent?
I dont currently have any rentals (yet!) But I was excited to see this presumably good news for our area.
Looking forward to seeing any thoughts or further analysis by others in the Lansing area.