Sentences with phrase «subsidize rents for»

Mayor Bill de Blasio today blamed «miscommunication» for his administration's latest spat with the governor over a deal that would allow the state to subsidize rents for homeless families to transition out of the city's crammed shelter system.

De Blasio's administration is requesting a change in the budgetary language that prevents New York City from using state funds to subsidize rents for homeless families leaving city - run shelters.

They rented sections of the warehouse space to artists, subsidizing rent for everyone and creating a kind of artists» colony.

Not exact matches

As far as the goal of reducing displacement, the Furman Center points to strategies such as rent regulation programs, or policies that give low - income families prioritized preference for subsidized housing as helpful.

Millions of families living in federally subsidized public housing would have to pay more for rent under a Trump administration proposal.

Housing is becoming increasingly expensive to build due to government fees and regulations on building in most cities, and government programs merely subsidize this process at a cost to the taxpayers; and rent control has been a disaster because that immediately kills off any new construction and reduces the incentive for land owners and landlords to maintain their property because their income is fixed.

Renting, rather than owning a home, has positive implications for labor mobility, argues Harvard professor Jeffrey Frankel in a May 29th article posted on the Project Syndicate website, headlined «The Case Against Subsidizing Housing Debt.»

For now they are subsidizing their largest asset, a company that rents out two units, by taking a very low return from their invested capital.

That $ 2.5 million redevelopment, partly subsidized by the city, is to have its grand opening in late February as Wicker Park Place, a project with 112 units renting for $ 285 to $ 340 a month for low - and moderate - income residents.

Last year, the Cuomo administration and Mayor Bill de Blasio enacted a rent cap for people with AIDS who live in publicly subsidized housing that meant their rent could not exceed 30 percent of their income.

One of the largest operators of affordable multi-family housing in Upper Manhattan and the boroughs is suing the city's Department of Housing Preservation and Development for at least $ 4 million for lost income tied to deferred rent increases in subsidized housing vouchers at three apartment complexes in East Harlem.

Landlords of rent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmeRent Stabilization Association, which represents landlords of rent - regulated apartmerent - regulated apartments.

At the subsidized Kings Bay II development in Sheepshead Bay, Brooklyn, for instance, one resident paid just $ 636 a month in rent even while making $ 801,377 in 2012.

A man who was very close to being homeless came to me with tears in his eyes to thank me for a program that provides him with a voucher to subsidize his rent.

6,800 additional people are on the waiting list for section 8 vouchers - now referred to as the Housing Choice Voucher (HCV) Program - which subsidize the renting from private landlords.

Legislators have seven weeks before they are set to adjourn for the year, and are expected to renew or modify laws that grant the New York City mayor control of schools, provide rent control for thousands of apartments and subsidize real estate development.

Use the rent you receive to pay for your own «IRS subsidized» vacation during the same period.

If not, then you are subsidizing them which could disqualify your property (or at least the portion they are using) from being legitimately rented — and thus no tax deductions for said activity.

http://www.animallaw.info/articles/ovuspetsandhousinglaws.htm This guide explains four key federal laws that govern the rights of tenants, and that may determine whether you have a right as a tenant to live with a companion animal, whether you rent a home, own a home that is governed by a homeowners association, live in federally - assisted public housing for the elderly or disabled, or in federally assisted public housing that does not give such a preference to the elderly or disabled, or whether your housing is subsidized by a state or local government.

If you happen to live in a city where the cost of renting a car is more affordable, say $ 20 per day, then your rental reimbursement insurance can subsidize the cost of your rental for up to 45 days.

Ask about TANF: Temporary Assistance for Needing Families (specifically child - grant only), Food Stamps, Daycare, Subsidized Guardianship, Kinship Foster Care, and Rent Assistance.

Also, if you decide to rent to Section 8 tenant (government subsidized housing, tend to be for lower - income areas), then visit the government office and the workers can tell you.

With Section 8, rent is subsidized up to the metro area median for your property type.

So if you rent a 2BR for $ 2500 to a Section 8 tenant (say a single mother) with $ 25,000 income), you would get subsidized ($ 2000 *.7) = $ 1400 and your tenant would pay ($ 2000 *.3) + $ 500 = $ 1100.

You are free to charge above - median rent but any amount above median will not be subsidized which means your tenant will be on the hook for that portion.

Instead of receiving cash flow from rent, an investor will directly subsidize the development cost of the property and in return receive income tax credits for 10 years.

For - profit investors continue buying up apartment properties with relatively low rents, including those originally built through government - subsidized affordable housing programs.

Final caveat, while FMRs are the max you can charge for rent, and reflect the maximum a PHA is willing to subsidize your unit for rent + utilities, you can usually get closer to that FMR number for your rent due to the «40 % rule» and sometimes through some extra, more complicated tricks as well.

Some communities have «entrance fees» that subsidize monthly rent, some offer all - inclusive rental rates, and others opt to charge a la carte for many services.