Bricktionary

… probably read one key term over and over again area median income But what does that actually mean In short area median … that give tax breaks to developers who reserve units for lowerincome renters For example the states low income tax … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

… not feel so happy when the see the phrase major capital improvements Thats the term used for upgrades that justify a … even in the middle of a lease The city defines an MCI as an improvement benefiting all the tenants in the building … needs to have outlived its statemandated useful life schedule so plumbing fixtures can only be counted at MCIs if …

… basic level a reverse mortgage is what it sounds like a home loan where the bank pays you based on your homes value … law according to the New York State Department of Financial Services NYSDFS Borrowers need to be at least 62 years old …