Updates for Renters and Homeowners in the COVID Era
If you live in New York and are behind on your rent or mortgage payments due to COVID related hardships, here are some things you should know. If You Are a Renter The Federal Eviction Moratorium* was created to help keep renters who were struggling to pay their rent due to COVID (illness, unemployment, etc…) in their homes. This moratorium was scheduled to expire on June 24 but was extended first to July 31, the recently to October 3, 2021. The deadline was extended in hope that more help, via state and local Emergency Rental Assistance, could be distributed to those in need. In New York State, the state-backed moratorium (COVID-19 Emergency Eviction and Foreclosure Prevention Act) expires on August 31, 2021. https://www.governor.ny.gov/news/governor-cuomo-signs-extension-covid-19-emergency-eviction-and-foreclosure-prevention-act-2020 . New York also has a temporary banning on evictions against those with a pending rental assistance application. *Note – this progr...