New York needs another $1.6 billion in federal funds to provide emergency rent relief for tenants in danger of eviction, Governor Kathy Hochul said Thursday.
Hochul announced that her administration filed the funding request with the U.S Department of Treasury, hoping to fulfill the currently unmet needs of thousands of struggling tenants and landlords who applied for additional funding through the Emergency Rental Assistance Program (ERAP) and have still not received aid.
