If your rent is paid via benefits you receive from the NYC Human Resources Administration, please review the monthly rent statement to be sure that last month’s payment was received and that no other charges are due. If additional monies are due, please mail your payment with the remittance slip in the enclosed envelope to the address printed on the slip.
In 2017, 37,000 homes were built as rentals, according to the National Association of Home Builders. That grew to 43,000 last year, or just under 5% of total single-family housing starts. But that is just homes built and held by builders for rent and doesn't include those sold directly to investors, so the numbers are likely larger and growing more quickly.
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.
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.
*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.
You can store multiple payment methods in your account, allowing you to pay your rent from multiple sources – for example, part from checking, part from savings, and part on a debit/credit card. More information about rent payment upgrades is coming shortly. If you have any questions in the meantime, please contact your property management office.
"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."