Landlords In NYS Can Now Apply For Rent Relief

Gov. Kathy Hochul announced landlords can now apply for rent relief. $125 million in state funding will go to landlords who could not participate in the state’s Emergency Rental Assistance Program. To be eligible, landlords must own a unit leased for at or below 150% of fair market rent for their location and must have documented the rental deficits built up after March 1, 2020 that are owed by a tenant who either left the unit or is declining to participate in the ERAP. For more information on the program Click Here.

Source: WHEC-TV