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Financial Services Law Insights and Observations

New York eases eligibility requirements for rental assistance

State Issues Covid-19 New York Mortgages

State Issues

On December 18, New York Governor Cuomo issued Executive Order 83, which, among other things, eliminates the requirement for tenants to provide proof that they were contributing more than 30 percent of gross monthly income towards rent prior to March 2020 in order to receive rental assistance pursuant to the Covid-19 Rent Relief Act.

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