Leppo Rentals are a new concept for many tenants in New York City, but if you’re one of them, you probably aren’t asking for much.
Leppo rent assistance was created to help people rent in New England, Connecticut, Massachusetts, Rhode Island, New York, and Connecticut.
According to Mashable, Leppo now has about 1,000 members, and rents are $3.75 per month for a one bedroom apartment and $3 per month per apartment for a two bedroom apartment.
Leaps are a $3 an hour fee, and Leppo has partnered with a number of local nonprofits, including the New York State Department of Housing Preservation and Development and the American Association of Realtors.
The company is currently accepting applications, and says they’ll be accepting applications through the end of the month.
In New York’s most expensive borough, Chelsea, Leppos rents can be $4 per hour, but some people opt to pay $1 per hour for a smaller space.
For those that rent from a family member, rent assistance is $400 a month, and for those that are renting out their apartment, the cost is $2,000 a month.
Leppo Rentals currently has two locations in New Jersey, and is planning to expand into the New Haven area in the near future.
The New York Times reports that Leppo is currently looking for a new tenant for the two-bedroom apartment, but the company has already found one.
As Mashable notes, Leoprops founders say that the company’s primary goal is to help tenants get back on their feet after they’re evicted from their homes.
Leoprostas rent assistance program has received widespread support from local elected officials, and the company is looking to hire more staff to help the organization’s outreach.
You can find out more about Lepprops rent assistance here.
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