New York Extends Pandemic-Era Eviction Freeze to Jan. 15
New York lawmakers extended the state’s eviction and foreclosure freeze through Jan. 15, providing relief to renters, homeowners and small businesses that have struggled during the Covid-19 pandemic.
Newly appointed Governor Kathy Hochul called the state legislature into a rare extraordinary session on Wednesday to renew the ban on residential and commercial evictions and foreclosures, which ended on Aug. 31. The legislation increases the amount of hardship funds available to tenants and landlords to $250 million from $100 million and creates a $25 million fund for legal services for renters facing evictions.
“We’re not going to abandon our neighbors in need,” Hochul said in a Tuesday press conference announcing the session.
Read More at bloomberg.com
