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As May 1 approaches, owners face a dense lineup of compliance deadlines tied to the city’s push for safer, greener buildings. Four separate local laws, some newly in force and others ongoing, all share the same due date. This year marks the first mandatory reporting date under Local Law 97, the city’s sweeping climate legislation targeting building emissions. At the same time, owners must meet existing requirements under Local Laws 84 and 88, including energy benchmarking,...
Tenants that are strapped for cash may send a check covering only part of the rent due for that particular month. Such partial rent checks may create a major dilemma for landlords. On the one hand, partial payment is better than no payment at all. The problem is that by accepting a partial payment you may waive your right to collect the balance due. And because waivers are hard to undo, if you make a practice of cashing partial rent checks, you may even be granting the...
In honor of Fair Housing Month, our April issue takes a break from our usual lesson to test your knowledge of fair housing law. Based on your answers to our quiz, you’ll be able to identify any potential problem areas that might merit some further attention or training. You can then browse our website for lessons on the topics you or your staff should brush up on.
New monthly surcharges take effect immediately, and the state housing agency will apply them in all currently pending cases in which the owner is seeking a surcharge for one of these tenant-installed appliances. It’s important to note that the surcharge policy applies only to washing machines, dryers, and dishwashers. No surcharges can be imposed for other tenant-installed appliances such as refrigerators or garbage disposals.
Get up to speed before the compliance date .... HUD’s Office of Multifamily Programs recently released a series of frequently asked questions (FAQ) concerning the implementation of provisions of the Housing Opportunity Through Modernization Act (HOTMA) of 2016. The FAQ includes information on the phased-in medical hardship relief provision as detailed in the HOTMA final rule, HOTMA-compliant Tenant Selections Plans at Management and Occupancy Reviews, and use of the rent...
This month, HUD’s Housing Choice Voucher (HCV) program celebrated its 50th anniversary. The HCV program is HUD’s single largest investment in affordable housing. Signed into law by President Richard Nixon, the program encompasses a network of about 2,200 state and local public housing agencies (PHAs). And more than 5 million people in 2.3 million low-income families use vouchers.
Sooner or later, somebody is bound to accuse you of discrimination. If and when that time comes, the mere fact that you comply may not be enough to protect you. You’ll also need proof of compliance.
This month’s lesson is dedicated to helping you root out potential accessibility violations while you still have time to resolve them. First, we’ll explain the different accessibility laws that may apply to your property and the basic design standards they require you to meet. Then, we’ll point out 10 of the most common accessibility pitfalls and how to avoid them.
HUD recently announced that it has charged a landlord and its property managers in Manchester, N.H. with violating the Fair Housing Act by retaliating, threatening, or interfering with a tenant’s fair housing rights.
We explain the current laws governing a landlord’s right to deny housing to people based on their marital status, including unmarried couples. Then we give eight rules to help you avoid committing marital status discrimination in the parts of the country where it’s prohibited.
We’ll break down the new HOTMA methodology, explain the two categories of student financial assistance, and show you how to calculate what counts as income. We’ll also go over considerations for applicants with Section 8 assistance versus those without.
Rooftop leases offer owners a chance to align financial objectives with sustainability and innovation. With careful planning, rooftop leases can transform underutilized spaces into valuable assets and access new revenue streams while contributing to affordable housing’s resilience and environmental goals.
High on the short list of game-changing amenities is common workspace and conference facilities. We’ll take a look at the concept, explain how to create a leasing strategy to implement it, and give you a Model Lease Clause incorporating 16 legal protections landlords that offer conference center amenities need.
What do you do when a desirable tenant that you badly want is currently stuck in a lease at another location? One possibility is to enter into a takeover arrangement under which you pay the tenant’s monthly obligations under the existing lease through the end of its term. But while this frees up the tenant to move into your property, it may also expose you to unforeseen risks and liabilities.