Certain residential and commercial tenants can now avoid eviction until at least Aug. 31.
The state Senate and Assembly on Monday approved a measure that retroactively extends two recently expired laws that restrict evictions of residential and commercial tenants, as well as foreclosures on small landlords and businesses. Those seeking such protections must fill out hardship declaration forms, but do not have to submit proof that they are unable to pay.
The bill extends two state laws that expired May 1: the Emergency Eviction and Foreclosure Prevention Act of 2020 and the Covid-19 Emergency Protect Our Small Businesses Act of 2021.
New York’s fiscal year 2022 budget, approved last month, created the framework for disbursing $2.4 billion in federal rent relief. That program will be administered by the state’s Office of Temporary and Disability Assistance, which has not yet released applications for tenants and landlords to participate.
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The Rent Stabilization Association, which represents 25,000 landlords of one million rent-stabilized apartments in neighborhoods across the five boroughs, is calling for modest rent increases of between two and four percent on one-year leases.
RSA also called for a range of three to five percent increases on two-year leases during testimony at a meeting held remotely today (Thursday) by the city’s Rent Guidelines Board, which sets the rent guidelines for rent-stabilized apartments.
The RGB will announce its preliminary guidelines range at a virtual meeting next Wednesday, May 5, followed by two public hearings in June before the 9-member board takes its final vote on June 23 on rent guidelines that would be effective from Oct. 1, 2021 to Sept. 30, 2022.
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Sen. Brian Kavanagh and CHIP’s Jay Martin (iStock)
Lawmakers are poised to extend commercial and residential eviction protections until the end of August, despite opposition from landlords.
The Senate Committee on Housing, Construction and Community Development is slated to vote Tuesday on a measure that would prevent evictions and foreclosures for residential tenants and small landlords, as well as small businesses, who fill out hardship declaration forms. The newly proposed bill extends two separate laws the Emergency Eviction and Foreclosure Prevention Act of 2020, and the COVID-19 Emergency Protect Our Small Businesses Act of 2021 that were set to expire May 1.
Under the agreement, eligible renters with a proven COVID-related financial hardship can receive help to cover upward of 12 months owed in back rent and utilities since last March, as well as three future months of rent, regardless of immigration status.