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Tenant Rental Assistance Program Scheduled to Close Jan. 15, 2023
An agreement signed Wednesday by State Supreme Court Justice Lynn Kotler has lifted a temporary injunction that has kept the state’s Emergency Rental Assistance Program (ERAP) open through 2022. As a result, the state will no longer accept ERAP applications for rent relief after January 15, 2023, due to lack of funding. Tenants cannot be evicted while an ERAP application is pending. Under the agreement, the state could however reopen the application process to future tenants in the event new state or federal funding becomes available. Learn more.
State Lawmakers Express Concerns Over Climate Action Council Recommendations
Democratic and Republican state lawmakers are expressing concerns over the expedited timeline that the state Climate Action Council is proposing for the phase out of traditional fuels used to heat and cool homes and commercial buildings. State Senator Joe Griffo and Assemblymembers Marianne Buttenschon and Brian Miller of Central New York cited specific concerns over proposals that would require new homes to be all-electric by 2025 and ban fossil fuel-powered heating/cooling system replacements by 2030. Learn more.
Gov. Hochul and NYC Mayor Adams Announce Housing Plan to Build 800,000 New Homes
On Wednesday, Gov. Kathy Hochul and NYC Mayor Eric Adams announced an action plan to develop 800,000 new homes over the next decade. The governor and mayor also reinforced their support for replacing the 421a property tax abatement program for affordable housing development and incentive programs for the conversion of office spaces into housing. The governor will be releasing more details in her upcoming State of the State Address on January 10, 2023. Learn more.
NYC Releases Final Rule on Greenhouse Gas Emissions Reductions for Multi-family Buildings (Local Law 97)
The NYC Department of Buildings adopted a final rule outlining reporting and compliance requirements regarding annual greenhouse gas emissions for multi-family residential buildings that exceed 25,000 gross square feet, and will go into effect January 19, 2023. The new procedures implement goals and requirements of Local Law 97 that was signed into law in NYC in 2019 in order to reduce greenhouse gas emissions in larger buildings. The final rule sets emissions limits and reporting requirements for NYC building owners and managers and penalties for noncompliance. To read the final rule, click HERE.
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