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Upgrade funds available to Ulster County landlords who keep rent affordable

Nov 01, 2023 12:43 pm

Mid-Hudson News reports that landlords in Ulster County who keep rental units affordable can now able to access funds to upgrade energy efficiency and building electrification, and accessibility in their buildings. Under the program, small landlords with eight or fewer units, can receive up to $15,000 per rental unit and no more than $30,000 per building if their rentals serve households at the 80 percent to 61 percent area median income rent level. Ulster County Executive Jen Metzger. said, “This new incentive-based program will help small landlords make investments that improve safety and comfort and reduce tenants’ utility bills while committing them to keeping rents affordable for the next five to seven years.” Read more about this story at Mid-Hudson News.