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De Blasio proposes rent deferment for NYC tenants who lost income

Apartment for rent
Posted at 10:34 AM, Apr 13, 2020
and last updated 2020-04-13 10:40:38-04

NEW YORK — New York City renters who have lost a source of income could be allowed to defer their rent payments under a proposal put forth by Mayor Bill de Blasio on Monday.

The mayor said he plans to urge state leaders to allow rent deferment for tenants who can prove they have lost income. Those granted a deferment would be able to repay the amount over a 12-month period, de Blasio said.

The proposal was one of several actions that the mayor said could be carried out at the state level to relieve some pressure on tenants who have lost their jobs because of the COVID-19 outbreak.

De Blasio also urged the state to extend the current eviction moratorium to 60 days past the end of the coronavirus crisis.

Previously, the mayor proposed the Rent Guidelines Board approve a rent freeze and urged state leaders to allow tenants to temporarily use their security deposits as rent. Tenants would be required to replace the security deposit amount over a certain period of time.

Gov. Andrew Cuomo said in late March his administration does not have any plans to offer additional rental assistance outside of an already existing executive order that prevents landlords from evicting tenants for non-payment for three months. That executive order will expire in July.