New York State Allocates $100 Million For Rent Vouchers to Low-Income Tenants

Tribune COVID-19, Governance, Housing, Law, New York State, People, Political Analysis, Politics, Radio, Westchester County, NY, Yonkers, NY 6 Comments

New York State Governor Andrew M. Cuomo.

ALBANY, NY — June 19, 2020 — Effective June 18, 2020, Governor Cuomo has signed into law the Emergency Rent Relief Act of 2020 (“ERRA”) to provide rental assistance to eligible households directly impacted by the COVID-19 pandemic who are facing financial hardship.  To view the full text of the Emergency Rent Relief Act of 2020, please visit https://legislation.nysenate.gov/pdf/bills/2019/A10522.

The ERRA will be funded by up to $100 million of the monies allocated to New York State by the CARES Act of 2020 and will be administered and regulated by the Department of Housing and Community Renewal (“DHCR”).  Assistance will be available for rent payments due between April, May, June and July of 2020 and the amount will be equal to the difference between the household rent burden on March 1, 2020 and the rent burden at the time of the application and will be paid in the form of a voucher directly to landlords.

Eligible households are those who were paying more than 30% of their monthly income in rent, lost income between April 1, 2020 and July 31, 2020 due to the COVID-19 pandemic, and who earn less than 80% of the “area median income” both before March 7, 2020 and at the time of the application.

Similar to other housing programs, income is characterized by all sources of income of each member of a household, including, but not limited to, all wages, salary, overtime, unemployment assistance, social security payments, welfare assistance, and any other payment or cash grants whose purpose is to assist with rental payments- such as Section 8 and DSS vouchers.

Please note that although the ERRA is clear that applications are to be made by tenants and not landlords, it is silent as to what the application process entails.  The mechanism of how to process an application, where to file an application and other requirements such as how “area median income” is to be measured has yet to be determined and shall be determined by forthcoming regulations issued by the DHCR.

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SOURCE:  New York State | Executive Chamber | Press Office

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A Balanced Approach: Stimulus Checks Are Deficient in Protecting Tenants’ Security and Rights By MICHAEL NUKHO, CPM

Victoria Gearity, Ossining Mayor, Mike Nukho, President and Principal Broker of NuRealty Advisors, Inc., Nancy Cooperstein Charney, Filmmaker of Amazon Prime’s “Who’s Next”, and Hezi Aris, Yonkers Tribune Publisher / Editor-at-Large on Westchester On The Level – Friday, May 22, 2020 @10am EST

TribuneNew York State Allocates $100 Million For Rent Vouchers to Low-Income Tenants

Comments 6

  1. New York has become affordable because of rent control. Socialists would confiscate property and run large municipal housing projects. Bernie and his ilk would have us return to blight of the 1970s and 80s.

  2. Or to put it another way: “New York State Allocates $100 Million For Rent Vouchers to High-Income Landlords.”

    America, keep looking out for the rich rentier class!

    1. Why shouldn’t landlords be paid for their assets? They are still required to pay high taxes, salaries, insurance, and mortgages.

      1. Rentier (person who lives on income from property) capitalism denotes an economy in which market and political power allows privileged individuals and businesses to extract a great deal of rent from everybody else. Landlords are a rentier class that contribute little to the economy as they do not make or do anything aside from extract resources at a remove. The suggestion of some sort of equivalency between the burdens faced by renters and the so-called “burdens” of the wealthy rentier class is laughable.

        1. Landlords pay taxes which provide municipal services and jobs. Landlords allow the use of their resources for shelter. Landlords pay interest to banks, salaries to employees.
          We don’t need nor have use for socialism.

          1. Landlords are the problem, not the solution. New York has become unaffordable because of the greedy rentier class that extracts as much rent as possible from working-class people while providing the least amount of services and the lowest possible standards. Landlords are also why vast portions of New York City streets and neighborhoods have become commercial deserts because the rents are too damn high. We need more regulation against this useless rentier class in order to safeguard our neighborhoods and businesses from their predatory practices.

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