From “good cause” carve outs to adjusted IAI caps, City Limits breaks down how major planks of the state budget deal will impact tenants’ eviction protections and rents.
As state budget negotiations drag nearly two weeks late, a housing deal seems likely to coalesce but it’s not there yet, as consequential details remain fluid.
After failing to pass her ambitious Housing Compact proposal last year, Gov. Kathy Hochul is using a lighter touch on housing but state and city lawmakers have expressed hope for a potential compromise to both increase the development of affordable homes and protect tenants.