Attachment A - Landlord Incentive Payment Options.pdf

City of Phoenix — Economic Development and Equity Subcommittee (2023-03-22)

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Attachment A 
 
 
 
 
Landlord Incentive Program 
$4 Million ARPA Second Tranche Funding 
Possible Increased Incentive Options Beginning May 1, 2023 
  
Current 
Option 1 
Option 2 
Option 3 
Amount Per Incentive 
Payment 
$2,000  
$2,500  
$3,000  
$3,500  
Projected Disbursement 
Timeline 
   
13  
 
Months  
   
11  
 
Months  
   
9  
 
Months  
   
8  
 
Months  
 By June 2024  
 By April 2024  
 By February 2024  
 By January 2024  
Projected Remaining 
Payments/Units 
                  1,229  
983 
819 
702