Hochul Includes $2B In Pandemic Relief Likely Earmarked For Renters, Housing Providers
Gov. Kathy Hochul presented her budget proposal for FY 2023. In her proposal, she pledges $2 billion in additional funding for pandemic relief, which she indicated should go to the Emergency Rental Assistance Program (ERAP) or other rent aid programs such as the Landlord Rental Assistance Program (LRAP). The governor's numbers align with what housing advocacy groups like the Community Housing Improvement Program have been calling for in additional funding over the several few weeks. While the governor indicated the funds should be merged into the Emergency Rental Assistance Program (ERAP), the funding, and overall budget, will need to be negotiated with the State Legislature. Housing groups like the Community Housing Improvement Program will be mounting a strong public relations campaign and lobbying effort to fight for this funding to be allocated to renters and their housing providers.
