Housing Stability and Tenant Protection Act (HSTPA)
Passed in June 2019, HSTPA removed the vacancy bonus and placed new limitations on major capital improvements to slow the acceleration of rent increases in rent stabilized housing.
Passed in June 2019, HSTPA removed the vacancy bonus and placed new limitations on major capital improvements to slow the acceleration of rent increases in rent stabilized housing.
The IAI provision allowed a landlord to collect a significant, permanent rent increase on a vacant rent-regulated apartment in return for making physical improvements to that apartment, which led to…
When owners add new installations (for example, a new boiler) to a building subject to the rent stabilization or rent control laws, they may be permitted to increase the building’s…
Governed by a unique right to shelter mandate, New York City provides temporary emergency shelter to every eligible person.
Rent regulated housing has strict rules that protect tenants from unreasonable rent increases.
Market rate housing is built without government subsidies and is not subject to regulation, which means it can sell at a competitive rate for maximum profit. Often deemed luxury housing…
Public housing is a federal program adminstered through local agencies that own and operate housing for low-income people. Residents' rent is subsidized and they are required to pay no more…
Supportive housing is any government program that provides both housing assistance and supportive services for those who need it. Housing is often paired with mental health services, substance abuse services…
Subsidized housing is any government program gives funding to creates or preserves housing that rents for less than market rate.
the state agency that oversees rent regulation