Tenant coalition demands $10B in “housing relief” in light of coronavirus

Housing Justice for All is also asking for a suspension of rent, mortgage and utility payments

TRD New York /
Mar.March 18, 2020 10:05 AM
The group is also calling for the state to suspend rent, mortgage and utility payments (Credit: Housing Justive for All)

The group is also calling for the state to suspend rent, mortgage and utility payments (Credit: Housing Justive for All)

New York tenant advocates are demanding billions in funding for housing and a suspension of rent, mortgage and utility payments during the coronavirus outbreak.

The coalition, Housing Justice for All, is using a public health crisis to push its solution for the 92,000 people who are homeless across the state. The group is asking for $10 billion to invest in “housing relief,” demanding homeless persons be immediately rehoused in vacant homes, and asking for rental subsidies in the form of vouchers. The funding would also support public housing, not-for-profit housing and subsidized housing.

The group is also calling for the state to suspend rent, mortgage and utility payments, on the heels of a statewide eviction ban in place since Monday.

“An eviction moratorium is an urgent first step, but we need a suspension of unaffordable rent and automatic forgiveness of any rent or mortgage, utility, or rent owed or accumulated during the length of this crisis,” the plan reads.

The tenant coalition also seeks to block any landlord from price gouging any commercial or residential tenant who cannot pay rent, and points out that “mom-and-pop” landlords would also benefit from a mortgage suspension. The state has not said yet whether it will place a moratorium on mortgages, as it did for evictions, but sources say the Office of Court Administration is in active discussions with Gov. Andrew Cuomo’s office to do so.

It is unclear what path forward any of these measures will have. Cuomo has said he will push through a budget at the end of this week, instead of April 1st, and approving new funding for housing during a public health crisis may be difficult.

Yet the tenant coalition says the connection between health and secure housing is more evident than ever.

“Housing is healthcare,” a spokesperson for HJ4A said. “An eviction moratorium is the first step, but right now it’s critical that every New Yorker is safely housed, especially those who are currently without homes or most in danger of losing their homes due to loss of income.”


Related Articles

arrow_forward_ios
Wall Street investors are prepared to buy and turn single-family homes into rentals when forbearance programs expire and homeowners look to sell. (iStock)

Wall Street investors bet on single-family rentals as mortgage payments stack up

Wall Street investors bet on single-family rentals as mortgage payments stack up
Zumper CEO Anthemos Georgiades (Getty; iStock)

What you need to know about Zumper, a $400M startup accused of renter bias

What you need to know about Zumper, a $400M startup accused of renter bias
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Landlords lost about $9B in rental payments last quarter: report
Jamie Dimon and 383 Madison Avenue (Getty, Google Maps)

JPMorgan suffers setback in return to office

JPMorgan suffers setback in return to office
Lennar's Stuart Miller, Rick Beckwitt and Jon Jaffe (Lennar; iStock)

Lennar reports untempered demand for new homes in Q3

Lennar reports untempered demand for new homes in Q3
A lawsuit seeks to dismantle Gov, Andrew Cuomo’s midnight food curfew by arguing coronavirus is not a vampire (Getty; iStock)

Nail in the coffin: Eatery says Cuomo’s biz-killing curfew treats virus like vampire

Nail in the coffin: Eatery says Cuomo’s biz-killing curfew treats virus like vampire
Parc East Towers in 240 East 27th Street (iStock; Equity Apartments)

Here’s where NYC rents fell the most in August

Here’s where NYC rents fell the most in August
U.S. foreclosure filings in August jumped 11% as some states ended relief measures, though continued government intervention has prevented sharper increase (iStock)

US foreclosure filings jump as some states end relief measures

US foreclosure filings jump as some states end relief measures
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...