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A hardship letter is used to request a temporary reduction or suspension of payments due to financial hardship. You can also make this request over the phone, but you may want to follow up with a letter confirming what was said.
The first one is the 30% rule. Thats where you spend no more than 30% of your income on rent.
How and when will I receive payment? Most completed applications (a complete application is one that has all required paperwork submitted by the landlord and tenant) take about 10-12 business days to process after all needed documentation has been submitted.
The Maximum Base Rent Program affects housing conditions in New York City rent controlled apartments. The program helps ensure that apartments under rent control provide enough income for their maintenance and for building improvements.
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