Landlords and tenants have both been hurt by poor policy and ineffective rental assistance aid delays.
Early in the coronavirus pandemic New York State issued an eviction moratorium. Months later billions were earmarked by the federal government for New York to leverage rolling out to renters and landlords to make up for missed rent payments.
However, the entire process has been a disaster. Nearly a year after the money arrived to state officials, upwards of a billion still remain unspent.
The eviction moratorium came to an end on January 15.
Critics say money was held up because getting the money required too much collaboration between landlords and tenants, who each had a role in the process.
Now, Governor Kathy Hochul says the state will seek more money from the federal government. Even though it’s not entirely clear if every dollar of the last round of funding has been spent.
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