Friday, October 18, 2024

Governor Hochul Announces $35 Million in COVID-Related Rent Relief for Thousands of NYCHA Tenants

 

State Funding Will Help Cover Unpaid Rent from March 2020 to May 2023

State’s Emergency Rental Assistance Program Has Already Delivered $159 Million in COVID-Related Rent Relief for More Than 27,000 NYCHA Households

Governor Kathy Hochul announced that $35 million in State funding is being distributed by the New York City Housing Authority to help address COVID-related rental arrears for NYCHA residents. This funding secured by the Governor and State Legislature will provide up to 12 months of unpaid rent for NYCHA tenants and ensure these families maintain stable, affordable housing during recovery from the pandemic.

“We're continuing to support vulnerable New Yorkers who were hit hard by the pandemic and helping to ensure families remain in their homes,” Governor Hochul said. “This funding builds on our efforts to provide meaningful assistance to NYCHA tenants with COVID-related rental arrears, while also furthering our commitment to helping NYCHA make vital repairs and improvements."

New York City Housing Authority (NYCHA) is expected to use these funds to address rental arrears accrued by NYCHA tenants. Qualifying households could be covered for up to 12 months of past due rent accumulated during the period of March 2020 – May 11, 2023.

This commitment builds on Governor Hochul’s previous efforts to help ensure that tenants throughout New York adversely affected by the pandemic could remain stably housed, including NYCHA and other public housing residents and recipients of federal Section 8 vouchers.

Separate from the $35 million highlighted today, New York State has delivered payments totaling approximately $159 million to date on behalf of more than 27,000 NYCHA households through the Emergency Rental Assistance Program (ERAP).

The Governor and the Legislature secured more than $1 billion in State funding to supplement federal ERAP funding in the FY 2023 and 2024 Enacted Budgets, including the $35 million targeted for NYCHA and more than $350 million in the FY 2024 budget to ensure there were sufficient funds in New York State’s ERAP for public and subsidized housing residents, including NYCHA tenants, Section 8 tenants and other subsidized housing residents across the state.

Previously, the Governor signed legislation creating the New York Public Housing Preservation Trust, to address overdue repairs, rehabilitation, and modernization of 25,000 NYCHA apartments.

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