Statement by Senator Jim Tedisco (R, C-Glenville)
“We care about tenants and appreciate and understand the challenges facing those who rent during this pandemic. Homeowners of small “mother and father” businesses who rent homes are also at risk economically, as they may go bankrupt due to a lack of income. If our small landlords go out of business, it will have a negative impact on tenants and there will not be enough affordable housing available.
“As in the past, this extension of the moratorium on evictions does nothing to encourage tenants to work with landlords to get involved and do their part required by law to speed up rent payments in order to protect tenants and to protect tenants. make the owners unharmed. Unfortunately, this bill only pushes the boundaries without solving the problem. ”
“This is why New York needs a “moratorium” on “elected officials” who make laws to transfer the financial burden from one group to another! Majorities in the state legislature and governor should immediately release the $ 2.6 billion in federal aid available for landlord and tenant assistance in an easily accessible manner – something this moratorium extension does not don’t! ”
“I sponsor the legislation (S.5629) to help small owners with a rent assistance forgivable loan program to help cover missed rent payments. These small owners live on the margins and many are on the verge of bankruptcy. The moratorium that continues to be voted on indicates that tenants are expected to repay the money they owe.
“Under my subsidy loan invoice, if tenants repay rent, which they are responsible for under the current law and the deferment they have, then the landlords simply reimburse the state. If the tenant never pays the rent, then the loan turns into a grant like the Federal Pandemic Assistance Program for Small Businesses, so landlords would be held in cover. ”