Rent
It’s the largest proposed increase since 2013.
Union leaders sent a letter to Gov. Hochul and legislative leaders last week stating that housing insecurity is a major cause of stress for their members. The bill would limit landlords’ abilities to raise rent and evict tenants.
New Jersey’s eviction ban for low-income renters expires at the end of the month.
Renters have until 10 p.m. on Sunday to apply for funds.
“There's a sense of urgency and desperation that I’ve never seen before."
The new moratorium will potentially protect hundreds of thousands of tenants from eviction, while granting landlords broader power to challenge tenants who they doubt are suffering financial hardship.
The development comes as protections for tenants in New York were eroded by two back-to-back U.S. Supreme Court decisions in recent weeks.
It's the first time that New York has held the top spot since the site began tracking rental prices in 2014.
Newly-released data help illuminate who is economically struggling -- in both New York City and statewide, nearly two-thirds of applicants to the state emergency rental aid program were female.
The $2.7 billion Emergency Rental Assistance Program, which opened in June, has only distributed $117,000 so far.
A month into the program, advocates say the lowest-income, immigrant, and senior New Yorkers might be left out due to problems with the application.
About $3.5 billion will be available starting in June for residential and commercial tenants.