"We recently entered an agreement with one of our long-standing third-party relationships to build homes that will be purchased by that third-party in a stand-alone rental community," Lennar President Rick Beckwitt said on the company's earnings call. "This community is in Florida and is the first in what we believe will be an ongoing business strategy and relationship where we build and sell homes in bulk on land owned by third parties with no lease-up risk."


"It's viewed as an ancillary income stream. We see this as more and more renters may prefer to raise a family or live in a single-family home versus an apartment complex or community or building. And so it is part of our Apartment Living group," Toll Brothers CEO Douglas Yearley said on the company's second quarter earnings conference call last month.
*NO PURCHASE NECESSARY. VOID WHERE PROHIBITED. The VETERANS UNITED HOME LOANS AND REALTOR.COM® New Home for the Holidays $200k Veteran Homebuyer Giveaway sweepstakes starts 10/1/2018 (12:01p.m., Eastern Time) and ends 11/30/2018 (11:59a.m., Eastern Time). Open to qualifying U.S. military service members and U.S. military veterans who are domiciled in the U.S. and are at least the age of majority in their place of domicile, be it 18 or an older age. One entry per person per allowed method (maximum of 5 entries per person, total). Prize is US$200,000 for, or toward, the purchase of a home in the U.S., but may be subject to tax withholding. Prize awarded by random drawing. Odds of winning depend on number of eligible entries received. See Official Rules for how to enter, prize details, restrictions and other conditions and requirements. Sponsor: Mortgage Research Center, LLC, d/b/a Veterans United Home Loans, 1400 Veterans United Drive, Columbia, MO 65203.
The Fair Housing Act does not specifically prohibit discrimination based on sexual orientation or gender identity. But discrimination against someone who is lesbian, gay, bisexual, or transgender (LGBT) may still be in violation of the Act or other state or local regulations. If you think you've been discriminated against for these reasons, file a complaint as described above, or email HUD at LGBTFairhousing@hud.gov with general questions about LGBT housing issues. 
This week a small Tampa, Florida-based builder, ERC Homebuilders, is launching a "soft" IPO, hoping to raise $100 million to build more than 1,000 rental homes across the state. It is offering investors private shares using Regulation A+, a form of investment crowdfunding that allows small companies to raise limited funds from the general public. Accredited and nonaccredited investors can participate.
NYCHA and other City employees can participate in NYCHA’s automated payroll rent deduction program. Half of the monthly rent amount will be deducted from the first two paychecks of every month. Deductions can be higher than half of the monthly rent because deductions are half of the outstanding balance, not just the rent. If no deductions are being taken out, the development did not enter the employee into the system or his or her agency is not part of the program. To terminate payroll deductions, a termination form must be completed and submitted to your property management office. To sign up, please click this link: NYCHA Self-Service Login/Register.
*NO PURCHASE NECESSARY. VOID WHERE PROHIBITED. The VETERANS UNITED HOME LOANS AND REALTOR.COM® New Home for the Holidays $200k Veteran Homebuyer Giveaway sweepstakes starts 10/1/2018 (12:01p.m., Eastern Time) and ends 11/30/2018 (11:59a.m., Eastern Time). Open to qualifying U.S. military service members and U.S. military veterans who are domiciled in the U.S. and are at least the age of majority in their place of domicile, be it 18 or an older age. One entry per person per allowed method (maximum of 5 entries per person, total). Prize is US$200,000 for, or toward, the purchase of a home in the U.S., but may be subject to tax withholding. Prize awarded by random drawing. Odds of winning depend on number of eligible entries received. See Official Rules for how to enter, prize details, restrictions and other conditions and requirements. Sponsor: Mortgage Research Center, LLC, d/b/a Veterans United Home Loans, 1400 Veterans United Drive, Columbia, MO 65203.
People with low income   Low Income: a total family income that’s no more than the Section 8 low-income limit established by HUD. Individuals are considered one-person families. , seniors   Senior: for housing benefit eligibility purposes, a person who is 62 or older. , and people with disabilities   Person with a Disability: a person whose physical or mental impairment substantially limits one or more major life activities, such as eating or walking. may qualify for help from the U.S. Department of Housing and Urban Development (HUD) to get affordable rental housing. HUD doesn't own rental property. It gives money to states and building owners, who in turn provide low-income housing opportunities. 

The only operating expense for landlords is the landscaping. In addition, the rents for single family are growing fast at 4.5% annually now compared with 3% rent growth for multifamily apartments, according to John Burns Real Estate Consulting. There is also much less turnover in single-family rentals, and the rental market is much less volatile than the home sales market.

The mission of the Office of Housing (OH) is to create strong, healthy communities, prevent displacement and increase opportunities for people of all income levels to live in Seattle. OH supports development and preservation of affordable multifamily homes, homeownership opportunities, policy and program development, free weatherization services and home repair loans and stewardship of city-funded affordable homes.
Foreclosures, however, are now few and far between. Distressed properties — foreclosures and short sales ) — make up just 2% of home sales today, down from a high of 49% in March 2009, according to the National Association of Realtors. The regular existing home market is very pricey, so investors are now turning to a new strategy: Buy new. And suddenly, the so-called build-to-rent market is exploding.
*NO PURCHASE NECESSARY. VOID WHERE PROHIBITED. The VETERANS UNITED HOME LOANS AND REALTOR.COM® New Home for the Holidays $200k Veteran Homebuyer Giveaway sweepstakes starts 10/1/2018 (12:01p.m., Eastern Time) and ends 11/30/2018 (11:59a.m., Eastern Time). Open to qualifying U.S. military service members and U.S. military veterans who are domiciled in the U.S. and are at least the age of majority in their place of domicile, be it 18 or an older age. One entry per person per allowed method (maximum of 5 entries per person, total). Prize is US$200,000 for, or toward, the purchase of a home in the U.S., but may be subject to tax withholding. Prize awarded by random drawing. Odds of winning depend on number of eligible entries received. See Official Rules for how to enter, prize details, restrictions and other conditions and requirements. Sponsor: Mortgage Research Center, LLC, d/b/a Veterans United Home Loans, 1400 Veterans United Drive, Columbia, MO 65203.
"I think that these funds, these investor groups are looking at a cultural move away from your garden apartment with elevators, swimming pools, tennis courts and common areas," Ellenburg said. "Homeownership is looking less desirable to some, particularly in the affordable arena, and they have a chance, for very close to the same price, to rent a three-bedroom, two-bath or a four-bedroom, three-bath home and are able to call it their own."

If you still prefer to pay by mail, please ensure you are mailing your rent EARLY to allow three to five business days for delivery and processing. When you receive your monthly rent statement each month, just tear off the remittance slip and place it in the enclosed envelope with your check or money order made out to “New York City Housing Authority.”


"We've got clients, multiple, well over a couple billion dollars worth of capital looking to place in this space," said Michael Finch, executive vice president at SVN/SFRhub Advisors, a new Phoenix-based commercial brokerage firm focused on single family rental and build-to-rent investment portfolios. "They are looking to acquire 5-6,000 homes in the next two years."


Whether you pay your rent by phone, mail, online, or in person at a payment center, your rent is due on the first day of each month. Paying your rent on time is the most important thing you can do to support your development’s services and amenities. Residents who do not pay their rent on time are subject to legal action and possible eviction. If you have an unexpected change in your income, please see your development manager. We can help you get financial counseling or adjust your rent, if warranted. If you have any questions related to rent payments or e-Bills, please contact the Customer Contact Center at 718-707-7771.
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