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New York COVID Rent Relief Program
By July 20, 2020 Posted in Landlord/Tenant Law Share
New York has recently launched a COVID Rent Relief Program available to tenants who meet certain criteria. If a tenant is eligible, their landlord will receive the funds directly.
Households must meet the following criteria to be considered eligible: (1) household income must have been below 80% of the area median income, adjusted for household size (before March 1, 2020, and at the time of the application); (2) household must have been paying more than 30% of gross monthly income toward rent (before March 1, 2020 and at the time of application); and (3) eligible applicants must have suffered from loss of income the period of April 1, 2020 to July 31, 2020.
In order to determine your county’s area median income, visit www.hcr.ny.gov/eligible-income-limits-80-ami-county. Make sure you search with the appropriate household size. The second requirement regarding gross income should include, but is not limited to, the following: (1) wages, (2) cash grants, (3) child support, social security, and (4) unemployment benefits. For frequently asked questions regarding the rent relief program, please email covidrentrelief@hcr.ny.gov.
The information in this Client Alert is provided solely for information purposes. It should not be construed as legal advice on any specific matter and is not intended to create an attorney-client relationship. The information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based upon particular circumstances. Each legal matter is unique, and prior results do not guarantee a similar outcome.
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