... flat-dollar rent increases on low-rent apartments, a measure promulgated by the New York City Rent G...
A provision in the housing laws, known as vacancy decontrol, allows for the deregulation of apartments when their legal rents reach $2,000 a month during a vacancy Because other provisions allow for large increases during a vacancy, any vacant apartment can be deregulated in this way. At the time that the provision was passed, its proponents argued that it would only affect highrent areas of Manhattan below Harlem. But the CSS study shows that vacancy decontrol is also affecting other neighborhoods, especially Upper Manhattan where many Black households are concentrated. Working with recently released data from the U.S. Census Bureau's New York City Housing and Vacancy Survey (HVS), CSS calculated that fewer and fewer households are able to find and move into rent-regulated apartments. ...
...Ellen B. Davidson, for respondents. Rent Stabilization Association of New York City, Inc. e... make a distinction between low-rent apartments in which there has been no recent vacancy and othe...
Mitchell-Lama rentals have been hit hardest, losing a total of 26,253 units, including 3,691 in 2006. The Mitchell-Lama program was established by the state in 1955 to encourage low- and moderate-income housing by offering developers low-interest mortgages and tax abatements. In return, the rents in their buildings are capped at affordable under-market levels. After 20 years, landlords can leave Mitchell-Lama, but they can also opt to stay in the program. Preserving Mitchell-Lama: New York City and New York State, rather than Washington, bear the primary responsibility for preventing further losses to the vulnerable MitchellLama rental stock. They should offer larger incentive subsidies to preserve Mitchell-Lama. But there should also be a regulatory or tax "stick" in addition to the su...
... (27 percent) of the city's 119,785 apartments in the subsidy programs had been lost - more than ...
As many as 250,000 New*Yorkers residing in 100,000 rental apartments could be affected by predatory investments. Affordable rental housing in the city remains at risk, even during the economic recession, some of it due to the implosion of predatory equity, according to "Closing the Door 2009: Risks of Boom and Bust," the latest housing report by the Community Service Society (CSS). The CSS report reveals that a large number of affordable housing units are threatened as the financing unravels for buildings purchased at highly speculative prices by predatory investors in recent years. Predatory equity investors based their actions on a number of beliefs: that the housing market would continue to expand; that buildings could be converted from rentals to condos; that rent control and rent s...
The Section 8 Housing Choice Voucher Program ("Section 8") is an important effort to make quality housing accessible to low-income families. Although the federal program is voluntary, several states, cities, and local communities have responded to the problem of landlord rejection of Section 8 tenants with laws prohibiting discrimination based on a prospective tenant's source-of-income. Mandatory Section 8 facilitates the program's success but also raises significant equity issues when individual landlords face unusually high burdens as a result of mandated participation. Further, mandatory participation undermines incentives to implement an efficient program because it removes the need to attract voluntary participants. As such, an exception is a necessary and desirable complement to a...
... this dilemma by distributing government rent subsidies to qualifying families. Although the fed... refuse to accept Section 8 vouchers.28 Apartments in areas with high-achieving schools, a safe envir...In March 2008, the New York City Human Rights Law was amended to prohibit hous...
... to Congressman Charles Rangel's (D-NY) renting and maintaining four rent-stabilized New York apar... potential tenants might value those apartments significantly more highly (Kocieniewski 2008). . T...
Everyone in Harlem who knows me is aware that I've lived in Lenox Terrace for almost 30 years and, before that, in a brownstone down the street on 132nd Street, which was my grandfather's most cherished possession in life. I went to grade school down the street at PS 89. Harlem has always been my home. The accounts in the press about these residences have been filled with mistakes and innuendo. The New York Times called my apartment a "penthouse," which they could have learned it isn't with a little checking. They've suggested that the arrangements violated New York City Rent guidelines. What they're really saying is I should leave my apartment and move to a more expensive place. Providing suitable housing for my constituents has long been one of my priorities. The problem in New York a...
...He had combined two small apartments into one with a single kitchen. Sometime later, a ...
...Project/Activity: Smith Keys Village Apartments, FHA No. 082- 35019. The owner requested permissio...--FHA Project Number 012-060NI, Bronx, New York. The owner requested to defer repayment of the Fle...-amortized over a 20-year period and a new rental Use Agreement is to be executed. This waiver will ...
The New York City Housing Authority (NYCHA) on July 30, handed out the first batch of new Section 8 vouchers to more than 200 eligible households at a briefing session held at the Borough of Manhattan Community College. In January, Mayor Michael R. Bloomberg and NYCHA Chairman Tino Hernandez announced that NYCHA's Section 8 waiting list was being reopened with an additional 22,000 new vouchers that would be made available-over a two-year period-for low income New Yorkers. In December 1994, NYCHA closed its Section 8 waiting list because of a drop in federal funding for Section 8 vouchers, making exceptions only for emergency applicants. The new vouchers were made available because of changes made at the local and Federal level, where in Washington Federal funding for Section 8 housing w...
... the ability for private landlords to receive rent subsidy payments electronically, and to list availlable Section 8 apartments online. After reopening the long-closed Section 8 ...
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