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23
Sep

Compliance Tip of the Week: Counting Real Estate as an Asset 9/23/2019

For the purposes of counting assets towards certified annual income, “real estate” includes real property, land, and mobile homes.  To calculate the cash value: Current market value of real estate – Cost to sell – Unpaid principal loan balance = Cash value. Different sources may be used to obtain the current cash value of real […]

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13
Sep

2019 NY RURAL HOUSING COALITION CONFERENCE

This week Paul Marfione (Project Director, NY) presented at the Affordable Housing and Community Development Conference hosted by the NY Rural Housing Coalition. The NY Rural Housing Coalition was founded 40 years ago and represents a large network of rural housing professionals. Paul was asked to participate on the “Making Multifamily Housing Work” panel along […]

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03
Jun

What is the RAIRs, and Why Am I Supposed to Use It?

RAIRs stands for Rent and Income Restriction sheet!  Here’s the story: Currently, Yardi has no report that shows the same information contained in the Community Fact Sheet, pulled from Boston Post.  So your Compliance Team has created a specialized RAIRs for each community going live in Yardi to use as a replacement for this form.  […]

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20
May

Verifying Employment with the Work Number

Please remember the Work Number is for use only if you cannot obtain an employment verification or six current consecutive pay stubs.  The paystub totals and year-to-date figure on the Work Number do not show the detail that is included in an Employment Verification OR actual paystubs; overtime, bonuses, and shift differentials cannot be calculated […]

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15
May

Making a Big Mark

“Partnerships with organizations like Conifer Realty enable local governments and nonprofit agencies to improve housing accessibility and quality of life, even in the face of big challenges.” Working at Conifer, we are aware of the obstacles the industry faces, but we also see the dire need for affordable housing across the Country. That is why […]

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17
Apr

Compliance Relay Race and Presentations! 4/15

At last!  Due to popular demand, we’ve posted our Compliance Relay Race questions and answers on SharePoint!  All four rounds are included.  Thank you for making the Relay a great experience! We’ve also posted the four Breakout presentations.  If you missed a session that you were interested in because you were attending another, here’s your […]

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05
Apr

2019 Conifer Conference

By now, we’ve all settled back into our daily routine. Responding to emails, sitting in on meetings, pushing whatever project were working on along, and of course, stopping in the kitchen to get our cup of coffee to make all those daily tasks possible. It doesn’t take long to return to normal even after spending […]

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27
Jun

Copiague Commons Earns Smart Growth Award

Conifer is delighted to announce that Copiague Commons, a brand new development currently under construction, was awarded with VISION Long Island’s Smart Growth Award. Copiague Commons was recognized with the “Housing Choices” honor during VISION Long Island’s 15th Annual Smart Growth Awards on June 10th. These prestigious awards are presented to organizations that display industry leadership […]

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09
Jul

Market Apartments at Corpus Christi – Officially Open

Developers, public officials and lenders cut the ribbon today on 42 units of brand new, affordable housing in the historic Market Neighborhood in Rochester. Sitting vacant for over a decade, the former Corpus Christi School has been preserved and redeveloped into the Market Apartments at Corpus Christi. The apartment community has been transformed into a […]

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