What exactly is the 'AMI' that's used to determine affordable housing rents?

… affordable housing lottery youve probably read one key term over and over again area median income But what does that actually mean In short area median income or AMI defines the median incomes for households of different sizes within a certain geography The Department of …

By Celia Young |October 22, 2024 - 9:30AM
Understanding ‘succession rights,’ a complex issue for rent-regulated tenants

… rentstabilized or controlled apartment isnt straightforward Succession rightswhich dictate your ability to be named the … with new information for January 2024  … How to qualify for succession rights … If you hope to inherit a family members … residence before they left  … How your relationship impacts succession  … The nature of your relationship matters too …

By Celia Young |January 9, 2024 - 11:00AM