At these cratering rents there will be increased space for homeless services, outreach offices to provide drugs and clean paraphernalia as well as more space to house and provide re-entry for convicted felons.

In most states, felons are not a protected class and you can just put that as a criteria in your rental profile. ie, no previous felony convictions.

@Vikram Sharma, You must have conviction. 

I am sure there have been changes to the original suggested plan and I have not seen the final copy of the ordinance so my understanding is not up to date.The last I heard they were going to use a point system so if someone has 2 felony convictions in the last 7 years they might lose 5 points per conviction and end up with 0 points but if they attend a rent well class you can add 5 points.

My listing State 680 + FICO score no convictions and 3x rent income I’m guessing that weeds out mostlowest rental is $2000/mo I think $40 is not much to them 

Unless otherwise provided by law, proof of violations shall not require criminal conviction, but shall be by the preponderance of the evidence.In case of conflict between the provisions of this addendum and any other provisions of the housing agreement, the provisions of the addendum shall govern.This Housing Agreement Addendum is incorporated into the Housing Agreement executed, or renewed this day between the Owner, or Agent, and Resident.

Convicted of RICO violations and numerous other things. 

:As of July 11, 2019, the Human Rights Law prohibits discrimination in public and private housing based on a favorably resolved arrest record, an adjournment in contemplation of dismissal, a sealed conviction record, or a youthful offender adjudication.

We require 3 x monthly rent on income, no evictions in the past 3 years, or a convicted felon, then they pass and will get the house usually.   

I'm not quite sure I remember how I ended up investing there (I live in Miami) but your story gives me the conviction to continue in that market.