The owner of the downtown Hartford 21 high-rise apartment building and other properties in Connecticut announced today a program that allows tenants who lose their jobs to walk away from their leases without penalty.
Boston-based Northland Investment Corp. said its Rent Assurance Program is the first of its kind and is available to renters of its 16,670 housing units in Connecticut and eight other states.
“In these challenging economic times, we believe it’s important to offer our residents peace of mind,” said Diane Yensen, a Northland vice president.
In addition to Hartford 21, Northland owns Bigelow Commons in Enfield and The Pavilions in Manchester.
