RECOMMENDED IN RENT
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RECOMMENDED IN SELL
RECOMMENDED IN IMPROVE
Mitchell Lama
Michael Blake wants to revamp how NYC determines eligibility for affordable housing
… Former New York State Assembly member Michael Blake plans to tackle New York Citys housing crisis by ditching a longtime metric that determines who … by the Council in 2023 Yes … Affordable apartments … What would you do to incentivize affordable familysized …
Section 8 rent assistance vouchers: A guide for New Yorkers
… in need are encouraged to apply for belowmarket rate apartments via NYCs housing lottery For those who are … Section 8 serving households throughout the city Again HPDs site notes that applications are not open to the … rent for its size and location HPD also offers other rental subsidy programs This includes the Continuum of Care …
My co-op board set an unreasonable minimum sales price for apartments. What can I do?
… a minimum price for an apartment sale or for shares in the building because that constitutes an illegal restriction on … value of a coop … Not only must a board ensure the coop building is well maintained and the governing rules are … coops … One exception to these rules on pricing is if you live in a Mitchell Lama building These coops were set up as …
Ask Sam: What happens when a rental building leaves the Mitchell-Lama program?
… how a building can properly come out of MitchellLama and what sort of steps they need to take to do so explains Serge … building leaves MitchellLama including the question of what the legal rent will be Under rent stabilization law if … legal consultation email Sam or call 212 3493000 … I live in a MitchellLama rental building and we just heard …
Ask Sam: What are the rules for succession in Mitchell-Lama housing?
… in MitchellLama housing which provides affordable rentals and coops to low and moderate income New Yorkers … qualifications Naturally competition is fierce for these apartments and many of the participating developments have … company denies your request the application then goes to HPD or DHCR depending on which agency oversees the …
Hit the NYC jackpot: How to get an affordable Mitchell-Lama apartment to call your own
… neighborhood where similar coops routinely fetch ten times that amount it seems like a real estate fantasy But its not … tied to a tenants income and coop prices are set so that buyers pay an equity value which they get back when they … buildings carried 50year affordability requirements In 2017 Mayor de Blasio announced a plan to spend $250 million to …