Powerball winner Pedro Quezada is hosting a rent party — for his entire block.A close friend of the newly minted megamillionaire said Quezada promised to temporarily cover the housing costs for residents in the Passaic, N.J., neighborhood that housed his bodega.“He said he’s going to pay the rent for everybody here on this block for at least a month or two months,” the friend said Saturday outside Quezada’s Apple Deli Grocery. “He’s such a good guy.”Word of Quezada’s magnanimous gesture left several of his neighbors stunned.“God bless him, and thank you,” crowed Richard Delgado, 45, after learning of the pledge.RELATED: POWERBALL WINNER PUTS PASSAIC, N.J. BODEGA UP FOR SALEJohn Koblarz’s eyes lit up when he heard Quezada had offered to cover his neighbors’ rents.
City Hall sets the rent at approximately $450 per month in each of the units, a price that is generally below market prices in Park City.The Utah Housing Coalition, a Salt Lake City-based not-for-profit organization, recently honored the building as its ...more
In 2011, city officials considered selling the high-rise in response to a nationwide movement to do away with large public housing projects that result in high concentrations of poverty. Alternatives include rent vouchers and subsidies that spread low-income ...more
Financing is available to qualified organizations to develop housing for domestic farm laborers. USDA also provides rental assistance to help very-low-income families afford the monthly rent.Through today's announcement, USDA is awarding $20.7 million ...more
Earlier this month Trulia, the online real estate marketplace, released a report detailing its research into the wisdom of buying versus renting. Which option should you choose? As it turns out, buying makes more sense than renting in all 100 of the markets ...more
Once the researchers established the personality types of the respondents, they then asked five questions about their real-estate preferences, such as the type and duration of a mortgage, whether to rent or buy, and whether to invest in real estate or ...more