Landlords can now apply to receive up to 12 months of rent relief from a new Landlord Rental Assistance Program. Gov. Kathy Hochul announced earlier this month that $125 million in state funding is now available to landlords who didn’t qualify for New York State Emergency Rental Assistance Program during the pandemic.
“I am proud that our state’s rental assistance program has already provided much-needed relief to tens of thousands of New Yorkers, but there are still many small landlords ineligible for that relief because of federal rules who also need our help,” Hochul said during the announcement. “This funding is a critical tool to close that gap and help more New Yorkers recover from the pandemic.”
Applications were administered by the State Office of Temporary and Disability Assistance and landlords could start applying on Thursday, Oct. 7. The program is aimed at landlords with small-to-medium-sized properties. By Friday, Oct. 8, more than 1,600 landlords had applied for assistance, according to City Limits.
“From the beginning of the pandemic, we have been committed to ensuring that New Yorkers are protected from losing their homes and from the long-term burden of owing rent arrears because of the hardships wrought by COVID-19,” said Sen. Brian Kavanagh, chair of the New York State Senate Housing Committee, and sponsor of the bill for the funding’s authorization.
“The eviction and foreclosure moratorium and the Emergency Rental Assistance Program are already offering enormous relief and we’re continuously pushing to improve the effectiveness of these initiatives.”
Landlords can apply for the state’s rental assistance program through this online portal.