Emergency Rental Assistance Program

[TEOTWAWKI inc.]

Anybody remember reading about this? I don't. My wife said the courts released everything that has been filed since the eviction moratorium, but there were only a handful of evictions filed. Almost everything was for back rent.

I AM SO F#%KING SICK OF THIS STATE.

15 months of rent "benefits" and 12 months of utility "benefits" on top of all the unemployment and stimulus handouts since March 2020.

Emergency Rental Assistance Program

The New York State Emergency Rental Assistance Program (ERAP) will provide significant economic relief to help low and moderate-income households at risk of experiencing homelessness or housing instability by providing rental arrears, temporary rental assistance and utility arrears assistance.

otda.ny.gov

There is also a similar bill in committee(S2742C) that may be dead due to this passing in the budget.

 

[Deplorable Me]

So will the landlords get relief if the renters don't pay and the house gets foreclosured on? Will the bank let the renters continue to live in the house? Will the house become a zombie house till it falls apart while the squatters move in? Who pays the taxes on the vacated property?

A regular domino effect. The government and the brain dead voters don't get the big picture.

 

[Blimey]

The eviction moratoriums have ruined a number of landlords. Mom and pop types with 1-2 units—if they got a renter taking advantage of these laws in a tenant friendly state in particular it’s been horrific for them.

it amounts to seizure of property without compensation.

it is having The predictable impact of making some landlords sell and others being insanely picky: finding apartments is quite hard now vs normal. Many will in general be too stupid to blame the proper culprit and beg for more protection laws.

 

[TEOTWAWKI inc.]

This pays the landlord and utility directly, but doesn't account for the landlords hardship over the period they weren't paid.

 

[Carlos Hathcock]

This pays the landlord and utility directly, but doesn't account for the landlords hardship over the period they weren't paid.

Correct

 

[repete]

Gee what happened to all that unemployment and stimulus money that was paid out?

 

[TEOTWAWKI inc.]

Lotto and booze?

This program is really bothering me. I came up with an additional $17k-$25k each household that didn't pay their bills, while receiving an already unprecedented amount of free money to cover their bills, is costing us. My traitor, freshman, NYS Senator Martucci (R,C,I) voted for the bill that is in committee. What a POS.

 

[Bigfoot]

Gee what happened to all that unemployment and stimulus money that was paid out?

Good question...

I bought a couple of guitars and a crossbow with my stimulus money.

But... My house/property was paid off 9 years ago. All the bills are always paid on time and I pretty much have zero debt. There is already money in my bank account for any emergencies.
I didn't miss a day's pay from work due to COVID.

So my situation is / was a little different than some other people.
But I wasn't about to give the stimulus money back because I didn't need it... LOL

But I get your point. And a good point it is.

 

[Saltwater60]

Lotto and booze?

This program is really bothering me. I came up with an additional $17k-$25k each household that didn't pay their bills, while receiving an already unprecedented amount of free money to cover their bills, is costing us. My traitor, freshman, NYS Senator Martucci (R,C,I) voted for the bill that is in committee. What a POS.

I think I read the benefit is up to $25,000 so your math is correct.
Nys is also looking at single payer health care right now for all who reside in NYS regardless of citizenship. So yes we will be flooded with illegals. This will cost us an arm and a leg. They plan to vote on it as soon as next week. Welcome to hell.

 

[repete]

I think I read the benefit is up to $25,000 so your math is correct.
Nys is also looking at single payer health care right now for all who reside in NYS regardless of citizenship. So yes we will be flooded with illegals. This will cost us an arm and a leg. They plan to vote on it as soon as next week. Welcome to hell.

Honestly, I'm almost to the point I say "bring it on". Can't beat em? Might as well enjoy the bennies while we can! Almost but not quite.

 

[2WheelGnnr]

Yep I am the controller for a owner of a couple of Mobile home parks and residental rental homes./apt

What many dont think of is oh lets not let them evict for non payers during covid but we still go the mtg to pay and such.

It says the LL can do it on behalf of the tenant but you sorta read into that..you still need infro from the Tenants as it asks for very specific and personal stuff..AGI from Tax Returns and stuff like that. I havea tenant that has not paid on a house rental for almost a year now and trying to do it as they wont fill out the paperwork but I cant do it without their help...and they "dont Wanna" apply for it?? its a freebee.....but whatever...it also says if you accept their money (the state) you cannot evict the tenant for up to 1 years for a lease expiration or a holdover. still can evict for non payment of rent if it contiues but I have tenants that just see this pandemic as a way to not pay rent cuz they dont have to sorta deal....but still work and such.....its been tough... as we have had to do things to get mtgs and loans paid with no rent coming in from some properties but we will see what comes of all this in due time.

But I agree and see how the couple that owns a income property or say 1 or 2 houses is killing them financially with a tenant not paying but they still have to pay the bank and what not.

Just my nickels worth on it all so far.

 

[Blimey]

Landlord Discussion • r/Landlord

This subreddit has gone gark beginning June 12th to protest Reddit killing 3rd party apps. [Click...

old.reddit.com

I've spent time reviewing some threads here. What we have is a broad moratorium for nonpay. You can still "technically" evict for other things, but many courts were shut down for months or going slowly. So even as eviction moratoriums end now you have a ferocious backlog.

Defenders of the program say that the moratorium never cancelled rent--it only delayed it. That is small consolation to a landlord out $10k who knows that their deadbeat tenant will not pay anything even if they drag them to court (can't pull blood from a stone).

Oh, and some areas have additionally mandated maximum rent increases. This is all very similar to price control with predictable results: dearth of supply. What small time land lord, particularly in a "tenant friendly" state like NY would risk this?

There are people on the aforementioned forum who have tenants who stopped paying back in say feb of last year and then covid hit before they could evict. A year later still covering prop taxes and repairs while their tenant gives them the middle finger, sitting on their huge unemployment check (or not losing their job) plus five digit stimmies.

A LOT of landlords have become familiar with "cash for keys", which is what it sounds like: A tenant who refuses to leave, and who you have no control over, you incentivize to leave by simply giving them cash to leave your property.

 

[Criticalt]

"There are no immigration status requirements to qualify for the program."
This right here should be grounds for the federal government to shut this down.
But of course the federal government is not only ok with this, they support it.

 

[2WheelGnnr]

nope nothing regarding residency status!!

If I recall I read it can go forward for rental payments I think 6 mo into the future and when I called to check on some quistion I had they said there is also a program for back Utilities too they can apply for.......

I have tenants with no change in job or otherwise but head you can stop paying rent and not get evicted and they were all on top of that since last Feb!!!