While it is becoming increasingly common to hear/see that some landlords are shocking their residents with exorbitant rent increases that are often in excess of $300, ConcordRENTS understands how such a large increase with little notice can threaten to disrupt or even displace households. As such, ConcordRENTS wants to alleviate such concerns of unanticipated, material rent increases by extending an option to its market-rate residents in good standing to “Renew for Two” which offers two year lease renewals with increases limited to 5% per annum. Despite it becoming increasingly more expensive to provide and maintain quality rental housing and as rents across most major markets continue rising unabated, ConcordRENTS is pleased to offer limited rent increases over prolonged lease durations and therefore peace of mind where residents don’t have to live in fear of whether they are going to be displaced from their home.
Second Harvest Food Bank of Central Florida recently received an additional $100,000 donation from ConcordRENTS, an affordable and market rate multifamily housing property management company based in Maitland. These funds will go directly to purchasing fresh produce from local farmers, which will then be distributed to Second Harvest’s network of more than 500 feeding partners across Orange, Osceola, Lake, Brevard, Seminole and Volusia counties.
ConcordRENTS is proud to announce that we have received an Above and Beyond Silver level Aetna Workplace Well-being Award. As an employer with a strong commitment to improving the health of our employees, we feature a comprehensive well-being strategy that our employees are passionate about. This award is the culmination of our employees’ desire to live healthier, more active lives and make well-being a priority.
We are challenging the standard again by increasing our offered living wage by $1.00/hour per year over each of the next five years to ensure no full-time employee is making less than $20.00 per hour by 2026. The organization is proud to make this ongoing investment in its valued employees.
It is also important for each employee to plan for a financially secure future and that is why ConcordRENTS offers a rich 401-K program that includes a company match up to $5,250 per year. Beginning in 2022, the program will be further enhanced to offer a company match of 150% on the first $1,000 invested by an eligible employee, while continuing with existing matching levels for additional contributions made.
This federally funded program, which is intended to assist households who are unable to pay or are having difficulty paying rent and/or utilities due to the COVID-19 pandemic. It can assist eligible households with the payment of late rent and/or utilities and may also assist with the payment of rent in advance, up to $15,000 of assistance. Please visit Concord's Covid-19 Resources page for information about this and other available funds in your area.
To see if your Local Area is providing Emergency Rental Assistance, please visit Concord's Covid-19 Resources page for information about available funds in your area.
ConcordRENTS is known for Affordability, Convenience and Comfort. And today, we believe it’s more important than ever to add something new —GREEN! While energy consumption continues to increase, ConcordRENTS is committed to doing our part by investing in energy efficient appliances and producing a clean energy alternative by installing photovoltaic solar panels at our communities.
Since our initial donation of $100,000 in April, ConcordRENTS has continued with monthly donations of $10,000 through November, now totaling $150,000 in donations. We are committed to continuing with our monthly donations to Second Harvest Food Bank of Central Florida until the pandemic is over.
ConcordRENTS is the national leader in high quality, customer focused property management of multifamily affordable rental housing communities. As an equal housing opportunity provider, we maintain the value and integrity of our communities while demonstrating exceptional customer service.
The spirit of teamwork and community is the true key to our growth as a company. The legacy of ConcordRENTS is propelled by our ability to meet the needs of a changing market and staying ahead of the competition, fueling our continued success.