Affordable Housing Marketing and Monitoring Services

MGNY Consulting is an HPD-approved Marketing Monitor.

The responsibilities of Marketing Monitor include the following:

  • Ensuring that vacant affordable units are not held off the market for a period that is longer than is reasonably necessary to perform needed repairs
  • Re-marketing the affordable units pursuant to HPD requirements
  • Ensuring that the affordable units are rented to households that meet the applicable income and occupancy requirements
  • Ensuring that the applicants for affordable units are approved by HPD prior to execution of a lease
  • Ensuring that the affordable units are not offered to or rented by a corporation, partnership or other entity,
  • Ensuring compliance with all relevant rent stabilization rules
  • Providing quarterly rent rolls for all affordable units to HPD