A Florida landlord of over 500 housing units has come up with a novel way to alleviate rent arrears for the tenants by pledging to forgive $100 of overdue rent for every hour a tenant volunteers at a recognized nonprofit charity. Staffers at the Contemporary Housing Alternatives of Florida (CHAF), providing affordable housing for low-income…
Landlord Offers Tenants $100 Reduction in Rent Arrears for Every Hour Given to Charity Work
State Assemblymembers Urge Legislature to Pass Rent Relief
LOS ANGELES (CNS)—Los Angeles-area assemblymembers urged the California State Assembly to pass a $5 billion rental relief program to prevent mass evictions during the COVID-19 pandemic. “COVID is not going away any time soon and millions of Californians need rent relief now. We are facing economic devastation and unprecedented levels of unemployment,” said Assemblyman Miguel…
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Proposed Tax Code Change Likely to Cause Higher California Rents
Commentary Southern California is expected to build 1.5 million new homes throughout the next eight years. That was the finding of a recent pronouncement by California’s department of housing and community development. Even so, President Joe Biden’s administration is proposing a change in the federal tax code that could severely limit the likelihood that such…