Soundview tenants concerned they may become homelessPosted: Updated:
Tenants at Parklane Apartments in Soundview say they are worried about becoming homeless if their landlords decide to leave the ?Mitchell-Lama Housing Subsidy Program.?
Under this program, federally-assisted developments receive funding that allows tenants to pay below market rents based on their income.
However, Law 79 was passed to allow tenants to partner with a non-profit group, community groups or even the government to take over their buildings, making them into co-ops and other forms of affordable housing.
Tenants say they are still worried because they must generate enough funding to buy-out the building from their landlord and this may be a distant hope.