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The committee approved a $1,500 rent concession for referrals that result in a market-rate Brook School Apartments lease, payable after the referred resident completes six months of a one-year lease. The concession will be included in the annual budget.
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The incentive is intended to help fill market-rate units at Brook School Apartments. There is currently one market vacancy, and a second is expected after a planned transfer to subsidized housing. The Building D elevator repair part remains on backorder, while construction and permitting issues affecting other housing projects are still being resolved.
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