Half of NY's $2.4B in Rent Aid Held Up 6 Months After Launch
Landlords and tenants are urging New York to swiftly release almost $1 billion meant to cover months of back rent for tenants
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Landlords and tenants are urging New York to swiftly release almost $1 billion meant to cover months of back rent for tenants
New York is having trouble matching applications submitted by tenants with the landlords who own the property, among other issues.
Landlords and tenants are urging New York to swiftly release almost $1 billion meant to cover months of back rent for tenants.
The hold up, state officials say, is partly linked to missing paperwork.
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.