Invest in eviction prevention
Preventing evictions can be up to thirty times more cost-efficient than executing evictions, in addition to the stabilizing nature of eviction prevention.
Target your housing dollars to programs that help individuals and families to pay rent arrears - and create payment plans with landlords and property managers - rather than being evicted. In some states, it costs up to $30,000 per eviction, while the average amount owed ranges from $500 - $1,500.
To get started:
Research programs in your area that focus on eviction prevention.
Build partnerships with landlords and property managers willing to work in a cross-sectoral fashion (including with those facing eviction) to develop prevention programs.
Establish a fund for emergency support.
Support efforts that focus on wraparound services, such as budgeting and financial planning.
Best Practices / Innovative Programs
Identify and invest in programs such as Home Start, which spends an average of $2,000 to stop an impending eviction and assist the family in building a more steady foundation for future success.
