2016 SPRING BUSINESS LEADERS BREAKFAST RENTAL MARKET UPDATE NEWS AND FUN FACTS Presented by: Lynne LaBombard

Available Rental Units in ‘inner’ Upper Valley 10,000 Rental Units in the Upper Valley Rental Data Compiled by the Upper Valley Housing Coalition

OLD NEWS HIGHLIGHTS … 1.Supply and Demand (drives rent rates) 2.Wages vs Housing Costs (>30% of gross income) 3.Access to Affordable Housing (in good condition) 4.Increasing Cost of Utilities (energy efficiency) 5.Covered Parking and On-site Laundry (value add) 6.Public Transportation (to save on auto exp.) 7.Pet Friendly Buildings (dog parks) 8.Safe Walking, Hiking, Biking (downtown, trails) 9.Secure Storage (bikes, kayaks, etc.) 10.Flexible Lease (will pay more to buy asap)

RENTAL NEWS THAT YOU CAN USE … … and other FUN FACTS

(NH) Landlord Permitted to Require the Payment of Rent … HB 1274 (Chapter Law 56) … on a quarterly or less frequent basis, provided that the security deposit may not exceed the equivalent of one month’s rent. 1.College towns 2.Cash rich – credit poor tenant DID YOU KNOW???

What slippery slope do both Property Managers (hint-Fair Housing) and Business Owners (hint-ADA) face? NEXT QUESTION???

ADA GUIDELINES: A service animal means any dog that is individually trained to do work or perform tasks for the benefit of an individual with a disability, including a physical, sensory, psychiatric, intellectual, or other mental disability. Tasks performed can include, among other things, pulling a wheelchair, retrieving dropped items, alerting a person to a sound, reminding a person to take medication, or pressing an elevator button. Emotional support animals, comfort animals, and therapy dogs are not service animals under Title II and Title III of the ADA. Other species of animals, whether wild or domestic, trained or untrained, are not considered service animals either. The work or tasks performed by a service animal must be directly related to the individual’s disability. It does not matter if a person has a note from a doctor that states that the person has a disability and needs to have the animal for emotional support. A doctor’s letter does not turn an animal into a service animal.

FHA GUIDELINES: The definition of "service animal" contained in ADA regulations does not limit housing providers' obligations to grant reasonable accommodation requests for assistance animals in housing under either the FHAct or Section 504. Under these laws, rules, policies, or practices must be modified to permit the use of an assistance animal as a reasonable accommodation in housing when its use may be necessary to afford a person with a disability an equal opportunity to use and enjoy a dwelling and/or the common areas of a dwelling, or may be necessary to allow a qualified individual with a disability to participate in, or benefit from, any housing program or activity receiving financial assistance from HUD.

LAST QUESTION? ARE YOU INTERESTED IN LEARNING MORE ABOUT RENTAL ISSUES AFFECTING TENANT – LANDLORD LAW? If so, please let us know your thoughts, questions and contact info on the evaluation form in the program folder. The UVHC will arrange for a Landlord-Tenant Attorney to present and answer your questions at a future event.