Jellybean Scoop provides free daily new content for students to read. They don’t “level” the same text, they do provide different articles at different levels of accessibility. Each article provides audio support for the text.
More importantly, they also provide a number of interactive exercises for each article. Thankfully, they are not just comprehension questions (though they do have that, too). The other activities include sentence scrambles and vocabulary exercises. They also provide an opportunity for readers to record their voice reading portions of the articles after they hear it read to them.
Teachers can create an account for up to twenty-five students for free and track student progress. Teachers register and then easily create student accounts.
The site is having a problem letting people who log-in with a student account access the stories right now, but they promise to fix it over the weekend. In the meantime, you can log-in as a teacher to check-out all their features (including one that lets students create online books that can be saved).
I’m adding the site to The Best Sites That Students Can Use Independently And Let Teachers Check On Progress.