JAMESTOWN – Landlords who suffered financial losses because of New York’s eviction moratorium now have a chance to receive financial relief under a new program.
State Senator George Borrello announced that the Landlord Rental Assistance Program is now accepting applications from owners of rental properties.
The program is specifically for landlords who have been unable to participate in the Emergency Rental Assistance Program because their tenants vacated the rental with past due rent, or declined to complete an application.
Borrello says priority will be given to property owners with small-to-medium sized properties and the funds are first come, first serve.
Eligible landlords must own units leased for at or below 150 percent of fair market rent for their location and must have documented the rental arrears accumulated after March 1, 2020, that are owed by a tenant who either vacated the unit or is declining to participate in the program.
Property owners can start the application process at otda.ny.gov/lrap.