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HOME funds may be used to assist people in buying a home, to develop owner-occupied and rental housing (including acquisition of land and demolition of existing real property to allow for a HOME-funded project; and payment relocation expenses),to rehabilitate existing homes, and to provide “tenant-based rental assistance” (or TBRA).
The suit claimed that MetLife was improperly charging tenants "market rate" rents while at the same time receiving real estate tax benefits from the City of New York under the J-51 program, which requires property owners to maintain apartments as rent-stabilized during the period in which they are receiving benefits. The lawsuit asked for a ...
A community land trust or ( CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community. CLTs balance the needs of individuals who want security of ...
According to Berman, both she and her tenant — who owes over $30,000 in unpaid rent dated back to May 2020 — had applied for rental assistance in June when the portal was opened. “That's ...
A conservation land trust is a private, non-profit corporation in the US that acquires land or conservation easements for the purpose of limiting commercial development and preserving open space, natural areas, waterways, and/or productive farms and forests. In the United States, the land owned by the United States government and held in trust ...
A landlord's deductions from a tenant's security deposit must be reasonable. The landlord may make deductions for missing rent payments and for damages beyond ordinary wear and tear, which is the subject matter's depreciation or deterioration in value by reasonable and ordinary use by the tenant.
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