Rent Relief Bill Approved in Albany

State Senate Chamber


The State Senate chamber

The State Senate and Assembly voted Thursday to approve a bill to create a $100 million fund to pay rents for people who have lost income because of the COVID-19 crisis.

The measure, authored by Sen. Brian Kavanagh of Manhattan and Assemblymember Steven Cymbrowitz of Brooklyn, both Democrats, would cover people who were paying more than 30 percent of their income in rent, had lost income between April 1 and July 31 of this year, and made less than 80 percent of Area Median Income (or about $81,920 for a family of three.)

The money would be paid out to building owners as a voucher to cover the gap between 30 percent of the tenant’s income and 125 percent of “fair market rent,” a federal measure.

The measure passed the Senate by a vote of 61-0 and the Assembly by a 98-45 margin. It now heads to Gov. Cuomo.

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