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89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






89,000 arizonans could see a major rent increase under hud proposal


the department of housing and urban development helps pay the rent of 89,000 low-income residents in arizona. hud proposes changing the program.         






nyc rent board approves 1.25% increase after two-year freeze


tenants in the city's 1 million rent stabilized apartments will see their monthly payments rise 1.25 %, according to a vote by rent guidelines board tuesday. two-year leases will see a 2% jump by the board vote. it's the first hike after two years of rent freezes by the board, whose members are appointed by mayor de blasio. the vote applies to leases that take effect between october 2017 and september 2018.nyc officials approve rent increases after two-year freeze tenants blasted the return to rent hikes. "without any more income, we have to pay more to the landlords who are getting richer and richer off our backs," said althea york, 80, who lives in a rent stabilized apartment in the south bronx. the proposal passed by a 7-2 vote, with landlord reps opposi...






ben carson planning to increase rent for low-income families


the trump administration is ready to raise the rent on low-income families. housing and urban development secretary ben carson is set to propose rent increases on wednesday for low-income households and require those receiving federal housing subsidies to work, the washington post first reported. tenants currently pay 30% of their adjusted income toward rent, but carson’s proposal will raise it to 35%. the move needs congressional approval. the rent overhaul could affect 4.5 million families who rely on federal housing assistance.sign up for breaking news emailsprivacy policythanks for subscribing!tags:ben carsonsend a letter to the editorjoin the conversation:facebooktweet






no proposal to hike retirement age of high court judges: govt


by: pti | new delhi | updated: march 9, 2018 7:16 pm the government today said there was no proposal to increase the retirement age of high court judges from 62 to 65 years.related newsamid an ongoing debate on vacancies in the higher judiciary, the government today said there was no proposal to increase the retirement age of high court judges from 62 to 65 years.responding to a question in the rajya sabha on whether any proposal for extension of retirement age of high court judges was under consideration by the government, minister of state for law p p chaudhary said no such proposal was under consideration.a bill brought by the previous upa government in 2010 to increase the retirement age of high court judges from 62 to 65 years had lapsed after the dissolution of the 15th lok sabh...






hud secretary ben carson’s proposal to triple rents for poorest households would


the henry rutgers houses, a public housing development maintained by the new york city housing authority. housing and urban development secretary ben carson has proposed changes to federal housing subsidies. (drew angerer/getty images)the proposal by housing and urban development secretary ben carson to at least triplethe minimum rent that the poorest americans pay for federally subsidized housing would put nearly 1 million children at risk of homelessness, according to an analysis of hud data by the center on budget and policy priorities (cbpp).under current rules, families that receive housing subsidies typically pay 30 percent of their income for rent. public housing agencies can instead charge a minimum rent of up to $50 a month.carson’s proposal, if approved by congress, would raise..






hud secretary ben carson’s proposal to triple rents for poorest households would


the henry rutgers houses, a public housing development maintained by the new york city housing authority. housing and urban development secretary ben carson has proposed changes to federal housing subsidies. (drew angerer/getty images)the proposal by housing and urban development secretary ben carson to at least triplethe minimum rent that the poorest americans pay for federally subsidized housing would put nearly 1 million children at risk of homelessness, according to an analysis of hud data by the center on budget and policy priorities (cbpp).under current rules, families that receive housing subsidies typically pay 30 percent of their income for rent. public housing agencies can instead charge a minimum rent of up to $50 a month.carson’s proposal, if approved by congress, would raise..






hud secretary ben carson’s proposal to triple rents for poorest households would


the henry rutgers houses, a public housing development maintained by the new york city housing authority. housing and urban development secretary ben carson has proposed changes to federal housing subsidies. (drew angerer/getty images)the proposal by housing and urban development secretary ben carson to at least triplethe minimum rent that the poorest americans pay for federally subsidized housing would put nearly 1 million children at risk of homelessness, according to an analysis of hud data by the center on budget and policy priorities (cbpp).under current rules, families that receive housing subsidies typically pay 30 percent of their income for rent. public housing agencies can instead charge a minimum rent of up to $50 a month.carson’s proposal, if approved by congress, would raise..






landlords to ask for hikes for rent-stabilized apartments


landlords plan to ask for rent hikes as high as 7 percent thursday when the rent guidelines board meets to set this year’s preliminary increases for 1 million rent-stabilized apartments.the rent stabilization association, which represents 25,000 landlords, says it will request an increase of 4 percent for new one-year leases and 7 percent for two years.there’s little chance the landlords will get what they want.last year they asked for 4 and 6 percent hikes — and ended up with 1.25 and 2 percent.the final increases will be announced in june ­after public hearings.the property owners say they’re due for bigger increases.“over the past five years, the operating costs of owners of rent-stabilized apartments have increased 16 percent, while the rgb has limited rent increases on a 1-...






rent-controlled tenants want sympathy, say plight goes unnoticed


think everyone living in a rent-controlled apartment is getting the deal of a lifetime, paying rent prices out of the 1970s? some tenants would like you to think again. “it’s very frustrating to us that people still have the idea that rent controlled tenants have huge fabulous apartments and pay very little rent and their rent never goes up,” patricia still, a rent controlled tenant from the upper west side said. “and nothing could be further than the truth.” still, 72, pays $2,500 a month for her apartment and was one of a number of tenants, most of them senior citizens, who begged state officials on wednesday not to move forward with a projected 7% rent hike on rent-controlled apartments. while tenants in the much more common rent-regulated apartments received ...






rent-stabilized nyc apartment costs set for another increase


a rate freeze for the city's 1 million rents stabilized apartments has been ruled out for another year, as the rent guidelines board voted thursday night to allow increases. rent hikes will be set between 0.75% and 2.75% for one year leases, according to the preliminary vote. for two year leases, increases will be somewhere between 1.75% and 3.75%. an exact number will be set at the board's final vote in june. under mayor de blasio, who appoints the board, landlords were forced to freeze rents for two straight years. but last year, rgb allowed a 1.25% increase. tenants had sought another freeze, while landlords wanted a larger increase of up to 7% for two-year leases. angry tenants chanted “shame” as the board voted against a freeze. the rates will apply ...






public outrage forces interior to scrap massive increase in park entry fees


a herd of bison appears in yellowstone national park’s lamar valley in montana.  (matthew brown/ap)interior department officials on thursday completely backed off a proposal to increase entrance fees at some national parks, opting instead for an across-the-board $5 increase at all parks that charge visitors to enter.the proposal marks a significant turn from a plan in october to increase peak-season entrance fees at 17 popular parks from $25 to $70 — the largest increase since world war ii — to help pay for the national park service’s nearly $12 billion infrastructure backlog.but a wave of angry public comments to the proposal convinced interior that the fee hike might backfire and lead to a decline in visitation, causing revenue to crater. two annual passes, including the popu...






tenant accused of killing landlord over $30 rent increase


a wisconsin man is accused of killing his landlord over a $30 increase in his rent. jason tilley, 37, faces charges of intentional homicide and possession of a firearm by a felon after the march 1 shooting. prosecutors say tilley admitted to shooting his landlord in the back of the head because he was upset about a rent increase, fox 6 reports. police were first contacted on march 1 when the victim's wife called to report her husband missing, according to a criminal complaint obtained by the outlet.student likely to face charges for ala. high school shooting the victim, who has not been identified, had gone to an apartment complex he owns in cudahy and planned to meet with a tenant he only identified as "jason" and had not returned, the victim's wife told police. ...






sydney prices surge despite record home building


next month chippendale resident marcus higgins will struggle to pay rent for the apartment he’s called home for a year.the 27-year-old, who rents a two-bedroom unit with a friend for $620 a week, has been told their rent will increase when their lease ends in july. the big question now is by how much?an increase of $10 or $20 more would be manageable for mr higgins, who works full time and isn’t financially stressed.marcus higgins is unsure if he will be able to afford the rent of his chippendale unit when the price increases next month. photo: louise kennerley“but if it’s $100 we might have to move out,” he said.“they’re [probably] looking at the prices in the market themselves and know they can probably get a bit more money.”it’s no secret that rising rents con...






brooklyn da got rent break meant for low-income seniors


for the last two years, acting brooklyn district attorney eric gonzalez benefited from a rent break intended for senior citizens who make less than $50,000 a year, the daily news has learned. gonzalez is 48 and makes $210,000. he did this by accepting a modest reduction to his rent courtesy of the senior citizens rent increase exemption, a program that was applied to the rent he pays on his already rent-stabilized apartment in williamsburg, brooklyn. the city says this happened as a result of a bureaucratic bungle in may 2015 in which an actual senior citizen tenant in gonzalez’s building applied for a exemption and the city mistakenly awarded it to gonzalez instead.eric gonzalez blasts likely opponent for smearing ken thompson in may 2015, the city department of hou...






brooklyn da got rent break meant for low-income seniors


for the last two years, acting brooklyn district attorney eric gonzalez benefited from a rent break intended for senior citizens who make less than $50,000 a year, the daily news has learned. gonzalez is 48 and makes $210,000. he did this by accepting a modest reduction to his rent courtesy of the senior citizens rent increase exemption, a program that was applied to the rent he pays on his already rent-stabilized apartment in williamsburg, brooklyn. the city says this happened as a result of a bureaucratic bungle in may 2015 in which an actual senior citizen tenant in gonzalez’s building applied for a exemption and the city mistakenly awarded it to gonzalez instead.eric gonzalez blasts likely opponent for smearing ken thompson in may 2015, the city department of hou...






10 dos and don'ts to ensure your claim of hra tax exemption against rent paid is


last year, an income tax tribunal ruling on rent receipts grabbed many eyeballs. this is because it rejected the hra exemption claimed by a salaried individual for the rent paid to her mother. the tribunal rejected the claim on the grounds that there is no proof to substantiate that payment of rent has actually happened apart from rent receipt which could have been easily obtained by the taxpayer from her mother without paying the rent. here are some list of documents and dos and don'ts which you must remember while claiming tax exemption of hra from your employer or while filing income tax returns. 1. you have must have a valid rent agreement. the rent agreement must mention all the relevant details such as amount of monthly rent, time period of rent agreement, any u...






de blasio hikes rents on his tenants after urging price freeze


mayor de blasio wants city landlords to do as he says, not as he does. the mayor — who moonlights as a landlord on two properties in park slope — has raised rents even as he’s urged the rent guidelines board to freeze prices for rent-stabilized apartments, politico reported monday. de blasio and his wife chirlane mccray rent three units in park slope — one is the home where he and his family lived until they moved into gracie mansion; the other is a two-unit building on the same street. none are rent stabilized, so de blasio can charge whatever he wants for them. one of the units in the two-family home saw its rent increase to $2,850 in 2016 from $2,400 in 2009, over the course of incremental annual hikes, politico reported.  a city hall source confirmed the rent ...






nyc officials approve rent increases after two-year freeze


tenants in the city's 1 million rent stabilized apartments won't see another rent freeze this year, after a board voted to allow increases of 1% to 3%. the rent guidelines board approved a 1% to 3% hike for one year leases and a 2% to 4% hike for two year leases in a preliminary vote tuesday night. the vote applies to leases starting in october, through september 2018. for the last two years, the board appointed by mayor de blasio has frozen rents, the first freezes in city history.nyc rent guidelines board votes for rent hikes landlords sued in an attempt to overturn the freeze last year, but a judge last month upheld it, ruling it was fair for the board to consider affordability to tenants in making its decision. landlord members proposed a 4% increase for one ...






d.c. lawmakers get an earful on proposal to strictly regulate airbnb


several hundred district residents packed the d.c. council chambers on wednesday to debate a plan to impose strict new limits on ways property owners in the nation’s capital can profit from airbnb and other home-sharing businesses.a bill introduced by council member kenyan r. mcduffie (d-ward 5) would make it illegal for district property owners to post multiple addresses for short-term rent. it would also drastically curtail the number of days that a homeowner could rent an entire property — from an unlimited period to as few as 15 days in a single year. the bill would not restrict those who rent out a basement apartment or rooms within their primary residence.the proposed legislation has placed washington in the middle of similar fights roiling major cities nationwide. explosive grow...






10 dos and don'ts to ensure your claim of hra tax exemption against rent paid is


a recent income tax tribunal ruling on rent receipts grabbed many eyeballs recently because it rejected the hra exemption claimed by a salaried individual for the rent paid to her mother. the tribunal rejected the claim on the grounds that there is no proof to substantiate that payment of rent has actually happened apart from rent receipt which could have been easily obtained by the taxpayer from her mother without paying the rent. here are some list of documents and dos and don'ts which you must remember while claiming tax exemption of hra from your employer or while filing income tax returns. 1. you have must have a valid rent agreement. the rent agreement must mention all the relevant details such as amount of monthly rent, time period of rent agreement, any utility bills to be paid by.






raiders to play rent-free at las vegas stadium


image 1of/1captioncloseimage 1 of 1a rendering from the oakland raiders' stadium proposal in las vegas. courtesy manica architecturea rendering from the oakland raiders' stadium proposal in las vegas. courtesy manica architectureraiders to play rent-free at las vegas stadium1 / 1back to gallerythe raiders will not pay rent at their new las vegas stadium, the public entity overseeing the proposed $1.9 billion project said thursday.las vegas stadium authority board members met for the first time since league owners approved the relocation of the raiders from oakland to the nation’s gambling mecca. they discussed progress on a stadium development agreement and a lease agreement. both documents must be finalized before construction can begin.a draft of a lease agreement calling for no re...






'rent-quake' hits uk as report reveals we're spending almost as much on rent as


with increasing numbers of people renting and rent prices rising, a “rent-quake” has hit the uk, shelter has warned. new analysis by the housing charity shows the amount of money being paid out by private renters is approaching parity to the amount being paid in mortgagesprivate renters in england alone are currently spending £41billion altogether in rent per year. if private landlords clubbed together this world cup, they could buy the brazil squad in just over a week, the england squad in seven days and the tunisia squad in under 12 hours, the charity said.the most recent english housing survey, analysed by shelter, identified a 345% increase in the total rent money paid out since the year 2000, compared to a 62% rise in total mortgage payments.in light of the figures, shelter has...






third party car insurance premium may jump 50%


new delhi: regulator irdai has proposed up to 50 per cent increase in insurance premium for cars, motor cycles as well commercial vehicles from april 1. however, there is no proposal to increase the third party motor insurance premium for small cars (up to 1,000 cc) from rs 2,055 currently. the hike proposed in mid-segment cars (1,000 - 1,500 cc) as well as bigger cars and suvs is 50 per cent. the proposal is to increase premium to rs 3,355 for cars up to 1,000 cc and rs 9,246 for bigger ones. also, no change has been proposed for two-wheelers having engines up to 75 cc. however, for sports bikes and super bikes (more than 350 cc), irdai proposes to increase the premium to rs 1,194 from the present rs 796, up 50 per cent. increase has also been proposed for entry level bikes (77-150 cc) an






rent agreement: ​5 checkpoints before you sign a rent agreement


1. rent clause the first thing to check is the rent you will pay and and the increment clause. if no hike is mentioned in the document and the owner decides to increase it a few months down the line, it will be easy to confront him. there is usually a 10% rental rise after a year, and you need to be clear that this is listed or if you are comfortable with it. the lease is typically renewed after 11 months, not a year, since it has to be registered if the duration is more than 11 months. also find out about the security deposit and how this amount will be adjusted when you vacate. the document should also list a termination clause, specifying the tenure of stay and notice period, if any. it is also a good thing to find out about the mode of payment to avoid any confusion. 2. fees & charges






five tips for negotiating a lower monthly rent


most of us are trying to spend less and save more, and that means cutting back our expenses wherever we can. and what's your biggest monthly expense? if you're like the majority of people, it's housing, and if you don't own your own home, that means rent. sure, you can cut back on your food budget, and you can try to turn off lights and lower your heat, but if you can save some money on your monthly rent, it can really add up. even a decrease in rent of just £100 a month, which doesn't seem like a lot, adds up to £1200 per year -- a tidy sum indeed! and while a lot of tenants seem to think that their rent is a fixed, immovable number, the simple truth is that it's not. instead, the amount you pay in rent is set by your landlord because he or she thinks that's what the current rent...






de blasio hikes rents on his tenants after urging price freeze


mayor de blasio wants city landlords to do as he says, not as he does. the mayor — who moonlights as a landlord on two properties in park slope — has raised rents even as he’s urged the rent guidelines board to freeze prices for rent-stabilized apartments, politico reported monday. de blasio and his wife chirlane mccray rent three units in park slope — one is the home where he and his family lived until they moved into gracie mansion; the other is a two-unit building on the same street. none are rent stabilized, so de blasio can charge whatever he wants for them. one of the units in the two-family home saw its rent increase to $2,850 in 2016 from $2,400 in 2009, over the course of incremental annual hikes, politico reported. the mayor’s former primary residence i...






council speaker, activists push for fix to rent loopholes


legal aid groups joined city council speaker corey johnson thursday to push for stronger rent laws, asking state lawmakers to end loopholes that let landlords jack up the rent. rent stabilization and control laws govern the apartments where 2.5 million new yorkers live, and are up for renewal in albany next year. advocates want to get rid of a rule that lets landlords raise the rent for a stabilized apartment by 20% when tenants move out. they also want to get rid of a provision that allows large rent increases when tenants have previously been granted a “preferential rent” below the legal maximum. and they want to stop allowing apartments to get out of rent regulations once the rent gets high enough — which has led to hundreds of thousands of apartments going to fre...






trump to propose 10 percent spike in defense spending, major cuts to other agenc


president trump will propose a federal budget that would significantly increase defense-related spending by $54 billion while cutting other federal agencies by the same amount, an administration official said.the proposal represents a major increase in federal spending related to national security, while other priorities, especially foreign aid, would face massive reductions.according to the white house, the defense budget would increase by 10 percent. trump also will request $30 billion in supplementary military spending for fiscal 2017, an administration official said. but without providing specifics, the administration said that most other discretionary spending programs would be cut to pay for it. officials singled out foreign aid, one of the smallest parts of the federal budget, sa...






for tax relief, you need proof of rent paid to kin


recently, the mumbai income tax appellate tribunal (itat) denied a claim on house rent allowance (hra) by a taxpayer. she had paid rent in cash to her mother, but was unable to substantiate it. on the other hand, the ahmedabad itat allowed the hra exemption claimed by a taxpayer who had paid rent to his spouse. given that the avenues available to save tax are limited for the salaried class, some employees try and take the 'fullest' advantage of the income tax exemption available for hra by paying rent to a family member with whom they are residing. it is another matter if the rent is actually paid to the relative, or if the rent receipts are genuine. where do these seemingly contrary itat decisions leave the taxpayer? the bottom line is it isn't illegal to pay rent to a close relative, ...