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The latest round of funding arrived earlier this month, when the Treasury Department allocated $21.6 billion for rental assistance under President Joe Biden’s rescue package, along with new ...
The federal government has approved two rounds of rental assistance, worth more than $46 billion total, that is slowly making its way to renters. Additionally, the federal eviction moratorium has ...
The last round of applications for New York's COVID Rent Relief Extension Program closed Feb. 1, but the federally funded New York State Emergency Rental Assistance Program is now open.
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Since 2017, New York City has offered Special One-Time Assistance (SOTA) grants to homeless shelter residents who have been earning a steady income. [13] The program funds one year of rent anywhere in the U.S. and Puerto Rico, and is only provided if the households have demonstrated that they will likely be able to earn enough to pay for rent ...
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.
Despite the Big Apple's recovery, which has seen rent prices surge anew, landlords and tenants are still suffering from the overhang of the pandemic's worst days.
On June 11, 2019, State Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie announced that they had reached a "landmark agreement" on new rent laws. [6] Both houses of the New York state legislature passed the HSTPA on June 14, 2019, and Governor Andrew Cuomo signed the HSTPA into law later that day.