Administered by the state treasurer, the Permanent Replacement Housing Program would provide subsidies for displaced renters within disaster areas, the lawmakers said. The subsidies would be targeted to cover the difference in what the renter paid pre-disaster and post-disaster. The state would work with developers to re-build rental units in disaster areas with the promise of rent subsidies for up to 10 years for their tenants.
Rental subsidies would not be tied to income or go beyond areas hit by disasters, said Perales, R-Beavercreek.
Fifteen tornadoes touched down in the Miami Valley on Memorial Day and the early morning after. An EF-4 tornado with winds up to 170 mph traveled 20 miles causing the worst damage locally through low-income neighborhoods with older homes.
Though estimated in the thousands, it remains unclear precisely how many people were displaced by the damage. However, the Dayton Daily News has learned that many of those people have found housing elsewhere, or found temporary respite with family or friends. Others are staying in hotel rooms or homeless shelters, or some have continued to tough it out inside the damaged shell of a residence.
Thirty-nine percent of Montgomery County households rent their homes.
Related: Tornado survivors without means to rebuild in ‘limbo’
Of the 6,305 individuals or households in the 11-county disaster area that applied for FEMA grants, 4,933, or 78 percent, have received denial letters.
Marcus Roth, spokesman for Coalition on Homelessness and Housing in Ohio, said the bill is encouraging but he has yet to see the details.
Related: Thousands more denied than awarded FEMA grants