Apartment City

Rent-burdened tenants with a household income of less than $125,000 will be eligible for tax credits, if a new federal bill proposed by Joseph Crowley, chairman of the Democratic Caucus and Queens County Democratic Party , is signed into law. The Rent Relief Act would make individuals across the country with a household income of less than $125,000 whose primary residence is rental housing, and who pay more than 30 percent of their income in rent, eligible for one of two kinds of tax credits. The first would be a refundable tax credit for those living in non-subsidized housing within the fair market value for rentals. The size of the credit would be determined by taking into account the household’s annual income, the total amount spent annually on rent, and a stimulated rate of the federal government’s established fair market annual rent caps . The second would be available for individuals who live in government- subsidized rental housing like Section 8 or NYCHA, and allow them ...

Dozens of posters, toys and trinkets adorn Anthony Anderson 's new studio apartment in Edina. Several of the items were given to him during his stay at a Minneapolis shelter . Anderson, now 22, kept track of how long he was homeless: three years and eight months. "Most of this is just donated stuff given to me," he said. "Whatever a person gives me, I don't complain, I just take it." One item does hold special meaning — a necklace with a small cross, hanging from the wall behind his bed. "That's the last thing I have from my grandmother," he said. "I always have it hanging above me, just to help me sleep." Anderson is one of 38 young adults living at 66 West Apartments, a housing complex for young people who have been homeless. Beacon Interfaith Housing Collaborative , the developer, held a grand opening last week for the $11.4 million complex. It's the third project of its kind that Beacon has developed and is its first in the...

In Reseda, an elderly couple fret about where they will go at the end of the month, when they are forced out of the one-room apartment they have lived in for 29 years. In Tujunga, a retired woman lives in a backyard shed, treating her high blood pressure with tea made from her garden and bathing in an outdoor tub with water heated by the sun. In Arleta, a supermarket employee rents a makeshift room in a house that is home to 10 people, and often waits in a long line to shower before work. I didn't set out last Wednesday to tie these stories together; I was following leads in search of the small dramas that play out daily, beyond the headlines, in homes that do not make the Hot Property column . I traveled the 101 and the 405, the 118 and the 210, and the stories intersected as the highways do, here in a land where all too often plans fall apart, and the daily challenge is to adapt, to endure, to survive. :: "Help!!!!" Caroline Malloy pleaded in an email to me. Her pa...

Martha's Vineyard Hospital announced last week that they are taking steps to close the independent living facility at Windemere. — MV Times file photo Windemere Nursing and Rehabilitation Center (WNRC) has suspended admissions to its independent living facility as it moves to close the 13-bed unit, where three people now live. In a conversation with The Times on Tuesday, Joe Woodin, president and chief executive officer of Martha’s Vineyard Hospital (MVH), was vague about the closure of the independent living facility , owned by the hospital and on the MVH campus in Oak Bluffs. Though Mr. Woodin didn’t say conclusively that the unit will close, he said MVH is exploring the option of closing. “We’re going through the process of strongly analyzing this and looking at the options for closing the unit,” Mr. Woodin said, referring to the independent facility known as Wildflower Court. According to Mr. Woodin, MVH would not have started the discussion had it not been seriously con...

ALBANY, N.Y. — KeyBank Community Development Lending & Investment has partnered with Riverside Capital to provide a $12. 7 million Low Income Housing Tax Credit (LIHTC) equity investment to help Michaels Development Company rehabilitate Skyline Gardens Apartments , an affordable housing development in Albany, NY. The project will be financed with a combination of LIHTC equity and tax- exempt bonds provided by the New York State Housing Finance Agency (NYS HFA), a soft loan through the NYS HFA, a House NY Mitchell Lama subsidy loan and existing reserves. The property features 188 LIHTC - regulated units serving families that earn up to 60 percent of the area median income . Of these units, 131 will be covered by a 20- year Housing Assistance Payments contract allowing families who are eligible for the HAP subsidized units to pay no more than 30 percent of their income toward rent. Skyline Gardens Apartments was originally built in 1973. It was last renovated more than 20 ye...

RIO DE JANEIRO ― Seven years ago, Vila Autódromo was little more than a tranquil fishing village on the edge of Jacarepagua Lagoon, next to the racetrack for which it was named. Like the hundreds of other favelas that dot Rio de Janeiro ’s landscape, it had long been neglected by the city government , and it lacked many basic public services that are standard in the fast- growing wealthier neighborhoods just across the water. But to the more than 600 families that lived there, it was home. “This was a paradise,” said Luiz Cláudio Silva, who lived in Autódromo for more than 20 years. “I thought that I would live here for the rest of my life.” By the time the Rio Olympics are over, just 20 of the families who lived in Autódromo in 2009, the year the International Olympic Committee chose the city to host the games, will remain. The community, which sits less than a mile away from Rio’s Olympic Park, was crushed so that the city could build new access roads to connect Olympic venues . ...