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Governor Hochul recently showed support for New York City’s FARE Act, a law aimed at easing the financial burden of renting by requiring owners to cover broker fees when they hire the broker. On April 3, her administration filed an amicus brief urging the court to uphold the law and emphasizing that the FARE Act does not conflict with existing state regulations. And in a public video with Councilmember Chi Ossé, the bill’s sponsor, the governor stated, “These broker fee...
Four nonprofit fair housing organizations representing a proposed class of more than 60 groups across the country recently filed a sweeping federal class action lawsuit challenging HUD and the newly created Department of Government Efficiency for abruptly terminating $30 million in federal grant funding.
The National Low Income Housing Coalition recently released its 2025 edition of The Gap: A Shortage of Affordable Homes. According to the report, the U.S. lacks 7.1 million rental homes that are both affordable and available to households earning at or below the federal poverty level or 30 percent of area median income, whichever is greater. This translates to just 35 homes available for every 100 extremely low-income renter households.
From pools and saunas to game rooms and fitness centers, amenity spaces are an attractive selling point for many sites. These shared areas not only can the enhance quality of life for residents, but can also carry a range of risks that managers must navigate. These risks include health and safety concerns, potential liability from injuries, and fair housing compliance.
We go over the basics of minimum set-aside requirement, including the types of elections available, how the minimum set-aside is calculated, and the consequences of noncompliance.
We go over the basics of minimum set-aside requirement, including the types of elections available, how the minimum set-aside is calculated, and the consequences of noncompliance.
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 benchmarki...
A sweeping federal class action lawsuit challenges HUD and the newly created Department of Government Efficiency (DOGE) for abruptly terminating $30 million in federal grant funding.
Four nonprofit fair housing organizations representing a proposed class of more than 60 groups across the country recently filed a sweeping federal class action lawsuit challenging HUD and the newly created Department of Government Efficiency (DOGE) for abruptly terminating $30 million in federal grant funding.
The National Low Income Housing Coalition (NLIHC) recently released its 2025 edition of The Gap: A Shortage of Affordable Homes. The report offers an update on the persistent shortfall in housing for extremely low-income renters. According to the report, in the United States there are just 35 homes available for every 100 extremely low-income renter households.
We go over who qualifies to perform inspections, explain what’s involved in the inspection process, and provide details on the deadlines and penalties tied to noncompliance.
We go over who qualifies to perform inspections, explain what’s involved in the inspection process, and provide details on the deadlines and penalties tied to noncompliance.
New recommendations focus on ways to address the needs of tenants living in buildings with the most chronic and severe heat issues. These options include using the 7A program, relaunching the Neighborhood Pillars program, and passing Intro. 1063-2024 of the Housing Rescue and Resident Protection Act.