Category: Housing
Amherst revising its Housing Production Plan to address the needs of low- and moderate-income residents
According to the Massachusetts Executive Office of Housing and Livable Communities, “A Housing Production Plan (HPP) is a community’s proactive strategy for planning and developing affordable housing by creating a strategy to enable it to meet its affordable housing needs in a manner consistent with the Chapter 40B statute and regulation.”
NYC Just Banned Broker Fees on Tenants. Landlords Are Already Jacking Up Rents.
In New York City, brokers marketing an apartment are paid a fee when a contract is signed. Historically, that fee has been paid by the tenant. The Fairness in Apartment Rental Expenses Act, which went into effect Wednesday, ends this longstanding practice and requires the landlord to pay the marketing broker’s entire fee.