Transcription of Major Capital Improvements (MCI) - Homes and Community …
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Major Capital Improvements (MCI) - Homes and Community …
9 PAGES# 24 FACT SHEETA PUBLICATION OF THE DIVISION OF HOUSING AND Community renewal OFFICE OF RENT ADMINISTRATION FS-24 (10/2019) Major Capital Improvements (MCI)AT A GLANCEThis Fact Sheet describes owners rights and responsibilities when raising rent after upgrading a building that s subject to rent-stabilization or rent-control of Housing and Community renewal (DHCR): DHCR is the New York State agency that invests in communities, preserves and protects affordable housing and enforces the state s rent control and rent stabilization Capital Improvements (MCIs): Building-wide Improvements such as boilers, windows and AND HIGHLIGHTSMCIs are building-wide Improvements to systems such as boilers, windows, electrical rewiring, plumbing and roofs.
A PUBLICATION OF THE DIVISION OF HOUSING AND COMMUNIT RENEWAL OFFICE OF RENT ADMINISTRATION FSff24 fi10/2019⁄ FACT SHEET #24: MAJOR CAPITAL IMPROVEMENTS (MCI) PAGE 3 OF 9 an extension of time to respond to the application. 2. The owner may keep a copy of the application with all supporting documentation
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