Renter Equity Program

We’re back again offering the Renter Equity Program for affordable live/work space for artists! This is an amazing path to “Building Wealth While Renting”. In the next few sentences we will highlight the benefits of the program. This Renter Equity-based program provides a middle ground between renting and home ownership. Residents earn monthly credit by making timely rent payments, assisting in maintaining the property, and participating in community- based meetings and programs. After 5 years of occupancy residents can receive an unrestricted cash payment up to $4,137. Participants will receive a monthly statement that will identify the credits they've earned along with their vested balance.
Right now we are offering two properties that have been fully renovated: 276 E. 156th St. #4 and 321 E. 156th St. #2.

276 E. 156th Street – Unit 4

Move right into this fully renovated and spacious apartment with store front studio space! This apartment has two bedrooms and one bathroom. Right off the kitchen is the perfect space for an office or dining room. Some of the renovations include a brand new kitchen and bathroom. The kitchen has exposed brick, dark cabinets with glass display doors, and brand new appliances. The apartment also has beautiful laminate flooring throughout! Let’s not forget about the studio, with exposed ductwork, air-conditioning and a bathroom. The building has security cameras inside and out as well as washer and dryer hookups in the basement.

321 E. 156th Street – Unit 2

You will want this beautiful two bed, one bath apartment from the moment you walk in! When you walk into the foyer you’re greeted with beautiful laminate flooring and a spacious coat closet. This unit features a spacious balcony space to enjoy those precious few warm days our wonderful city has. Both the large kitchen and bathroom have dark cabinets. The kitchen has a gas stove. There are large closets in each of the newly carpeted bedrooms, and the apartment is flooded with tons of sunlight. The building has security cameras inside and out as well as washer and dryer hookups in the basement.


Read More on Northeast Shores
Volume 8, Issue 6, Posted 10:36 AM, 06.11.2016