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Thousands of homeowners are about to get slammed with higher monthly payments

By Samantha Delouya, CNN CNN —  Last year, when Jennifer Hernandez received notice that the mortgage payments on her Houston home would jump about $2,000 per month, she was stunned. Hernandez refinanced her home loan in 2016 using an adjustable-rate mortgage loan, which has a low introductory rate for a fixed initial period. Unlike the more popular fixed-rate …

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No, landlords are not banned from charging three months’ rent as a security deposit nationwide

Author: Emery Winter Published: 2:55 PM PDT July 1, 2024 Updated: 12:29 PM PDT July 2, 2024 A California law limits security deposits to one month’s rent beginning July 1 for most rentals. This law isn’t nationwide, although many states have similar laws. Social media posts on TikTok and Facebook claim that landlords are no longer able to charge new tenants three …

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HOUSING AND TENANT PROTECTIONS

Rent Registry The Rent Registry is an online service portal where property owners can register rental properties, update information about their rental units, and pay annual rent registration fees required by the County’s Rent Stabilization and Tenant Protections Ordinance (RSTPO) and Mobilehome Rent Stabilization and Mobilehome Owner Protections Ordinance (MRSMOPO). The system also allows property owners and renters to …

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Download: Center For Financial Services – Financial Empowerment Resource Guide

Utilize The Center for Financial Empowerment Resource Guide available for Free Download. You can also view an interactive service map online for a more searchable experience. The Service Map is a collective tool that gathers information from Center for Financial Empowerment partners, allowing you to more easily find what you need. Explore dozens of services, …

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The Mattress Recycling Council is here to assist you with recycling your tenants’ discarded mattresses.Take advantage of MRC’s Bye Bye Mattress program.

Constantly confronted with piles of mattresses? If you manage multiple complexes and each month you are dealing with dozens of mattresses left in apartments, hallways, or parking lots, call your local Mattress Recycling Council coordinator to see if our Bye Bye Mattress program can help. Arrangements could be made for no-cost bulk item pickups. Just have a stray …

The Mattress Recycling Council is here to assist you with recycling your tenants’ discarded mattresses.Take advantage of MRC’s Bye Bye Mattress program. Read More »

Financial Empowerment for Mom and Pop Landlords: A Guide to LA County Consumer and Business Affairs Services

Being a small-scale landlord comes with its unique set of challenges and opportunities. Whether you’re renting out a single property or managing a few units, staying on top of your financial health is crucial. Fortunately, the Los Angeles County Department of Consumer and Business Affairs (DCBA) offers a wealth of services to help you navigate …

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Need Assistance with making your property Lead Free? Learn about the Lead Hazard Remediation Program

LAHD’s Lead Hazard Remediation Program (LHRP) is currently taking in applications. The LHRP provides grants to property owners to make their properties lead-safe and to eliminate health and safety hazards. The LHRP grants are primarily targeted to low-income families with children under the age of six. The program also provides education regarding the dangers of …

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CALHFA 40K ADU GRANT FUND

$40,000 grants available for families earning $84,160 or below who want to build an Accessory Dwelling Unit (ADU)!!! Call NHS for more information. We can help! The grants portal opens on December 11, 2023. -WAITLIST ONLY- Time is limited, don’t delay. For more information: www.nhslacounty.org or admin@nhslacounty.org (213)381-2862 1. Get Registered for a Don’t Move, Improve! Workshop > 2. Submit Borrower Information for …

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Comprehensive Affordable Multifamily Retrofits Program

The Los Angeles Department of Water and Power’s Comprehensive Affordable Multifamily Retrofits (CAMR) program assists L.A.’s low income, multifamily property owners. CAMR will offer multifamily property owners no-cost property assessments to identify efficiency opportunities to help owners and their residents to save energy and reduce costs. In addition, qualified property owners will receive aid with …

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A Guide to Utilizing myLA311 for Efficient Service Requests

By Surraya Price As a landlord, managing properties comes with a myriad of responsibilities. From ensuring tenant satisfaction to maintaining the property’s functionality and compliance with regulations, the to-do list can seem endless. However, thanks to technological advancements, accessing essential services has become more streamlined and efficient than ever before. One such tool that landlords …

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