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It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
Richmond Terrace Houses: New Brighton: 6 8 489 October 12, 1964 South Beach Houses: South Beach: 8 6 422 March 20, 1950 Stapleton Houses: Stapleton: 6 8 693 May 31, 1962 Largest public housing development in the borough. West Brighton Houses: West New Brighton: 8 8 490 December 31, 1962 Todt Hill Houses: Manor Heights: 7 6 502 June 1, 1950
A rooming house, also called a "multi-tenant house", is a "dwelling with multiple rooms rented out individually", in which the tenants share kitchen and often bathroom facilities. [1] Rooming houses are often used as housing for low-income people, as rooming houses (along with single room occupancy units in hotels) are the least expensive ...
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Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, [1] or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [2]
Pretium planned to acquire these houses and rent them to families who had lost their homes or could no longer qualify for a mortgage. Pretium send confidential invitations to investors who could contribute $2 million. According to its solicitation documents in 2012, the plan was projected to have annualized returns of 15 to 20 percent.