GET PAID TO OWN
GET PAID TO OWN
42 U.S. Code § 1437r - Public housing resident management
In New York, NYCHA manages homes, and until now, tenants haven't had ownership. But, it doesn't have to stay that way. The law, 42 US Code, Chapter 8, Subchapter I, § 1437, lets people in NYCHA become owners. Fed up with renting and not building equity? Join the movement and take charge of your own home!
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Key Parts of Ownership Law:
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There are two sets of rules: 24 CFR and the important 42 US Code.
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Within 42 US Code, there are two parts: 1437s and 1437r.
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1437r facilitates 1437s thorough the identification of residents who exhibit good management of the property
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1437s is about giving those who care for their homes a chance to actually own them!
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Community Leaders' Call for Ownership:
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Through home ownership, community leaders are incentivized to take charge and make necessary improvements in the neighborhood.
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It provides an opportunity to save significant resources, contributing to the financial well-being of the community.
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By building equity, leaders can enhance the overall prosperity and stability of the entire community.
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The Enemy
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This is probably the first time you are ever hearing about this law. Why? Because NYCHA wants to keep poor people down and take their money.
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Areal estate mogul, who doesn't care about anyone but themselves.
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If you desire a better community, PAID TO OWN is for YOU! Work with our team to bring homeownerhsip to all.