New York asks for $1.6 billion in additional federal funding for emergency rental assistance

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ALBANY – New York State has requested an additional $1.6 billion from the U.S. Treasury Department to help fulfill the significant unmet need among struggling tenants and landlords who have applied for Emergency Rental Assistance. 

The state Office of Temporary and Disability Assistance — the agency that administers the program — made the formal request ahead of the next round of federal rent relief reallocation. If granted, the funding would cover roughly 174,000 tenant applications that are not yet funded.   

   

“We delivered nearly $1.4 billion for renters struggling from the pandemic, but we must do more. New York State continues to demonstrate a large need for this federal funding,” Governor Kathy Hochul said. “Our appeal to the Treasury to reexamine its reallocation formula to prioritize high-tenant states like New York represents the latest in our continued and vigorous advocacy for those still reeling from the financial impact of the pandemic. We need to ensure that all eligible tenants and landlords are able to tap into this critical assistance.”