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Learn about NYS Housing Finance Agency Bonds, including Featured News and The Team.
HFA's mission is to create and preserve high quality affordable multifamily rental housing that serves communities across the State of New York.
HFA offers financing to for-profit and not-for-profit developers to build affordable housing and preserve existing affordable housing, including Mitchell Lama developments. The links below provide details about these programs:
New York’s new rent law, signed in June, bars landlords from collecting more than one month’s security deposit from prospective tenants. But that hasn’t stopped brokers and property owners from demanding larger sums from apartment hunters a “good faith” deposit that can cost applicants dearly if they have second thoughts.
The final documents to begin redeveloping the former Manufacturers Hanover building are being revised with input from area CEOs.
As New York State’s Division of Homes and Community Renewal recently noted in a memo, it is the Board that will decide whether landlords can up their rents on these empty apartments based on the renewal increases approved by the board for one- and two-year leases.