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New York's COVID-19 Eviction and Foreclosure Prevention and Small Businesses Acts Extended to August 31, 2021 – What You Need to Know | Blank Rome LLP


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Lenders, mortgage servicers, and other financial institutions should take note that New York State passed legislation extending the protections set forth in the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 and the COVID-19 Emergency Protect Our Small Businesses Act of 2021 to August 31, 2021. Thus, the requirements and stays with respect to residential and commercial foreclosures and evictions imposed by the legislation remain effective through August 31, 2021.
On May 4, 2021, Governor Cuomo signed a bill extending both (i) the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (the “EEFPA”);[1] and (ii) the COVID-19 Emergency Protect Our Small Businesses Act of 2021 (“SBA”), to August 31, 2021[2] (S.6362-A/A.7175-A) (the “Extended Act”). The purpose of the Extended Act, which is effective immediately, is to maintain protections prohibiting residential and commerc ....

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Elected Officials, Advocates Convene to Urge New York Tenants Having Difficulty Paying Rent to Submit "Hardship Declaration Forms" to Prevent Eviction



Elected Officials, Advocates Convene to Urge New York Tenants Having Difficulty Paying Rent to Submit “Hardship Declaration Forms” to Prevent Eviction

(NEW YORK, NY) – State Senator Brian Kavanagh and Assembly Member Jeffrey Dinowitz, who sponsored New York’s recent legislation mandating an eviction moratorium for tenants facing COVID-19 hardship, The Office of NYC Public Advocate Jumaane D. ....

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New York State Eviction Ban Extended


New York State Eviction Ban Extended
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The New York State Legislature held an emergency session to debate, and pass, the COVID-19 Emergency Eviction and Foreclosure Prevention Act (Senate Bill S9114 / Assembly Bill A11181) which aims to help prevent tenants and homeowners who have been negatively impacted by COVID-19 from losing their housing due from being evicted, or foreclosed on by their bank. The eviction and foreclosure moratorium is extended until May 1st.
The new law also extends certain homeowner tax exemptions like the Senior Citizens and Disabled Homeowner exemptions.
From the beginning of the COVID-19 pandemic we have understood that housing security must be an essential part of our effort to protect the health and wellbeing of all New Yorkers. By enacting this comprehensive residential eviction and foreclosure moratorium, we are delivering real protection for countless renters and homeowners who would otherwi ....

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