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NYS lawmakers extend budget talks through April 16

NYS lawmakers extend budget talks through April 16
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NYS lawmakers plan to extend budget talks through April 16

New York State lawmakers plan to meet on Thursday to pass another spending extender that will last until April 16. The budget was due over a week ago. ....

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Mayor Adams and NYC Council Speaker Adrienne Adams support hotel conversion Assembly bill stalled in Albany

The Assembly and Senate bills would build on an already existing law known as the Housing Our Neighbors with Dignity Act, or HONDA, which includes a $200 million appropriation to fund such conversions. The Senate approved its version on Tuesday evening. ....

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State Lawmakers Near Deal On Long-Awaited Rent Relief Program

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New York lawmakers are finalizing a program to distribute billions of dollars in emergency federal rent assistance to tenants and landlords impacted by the pandemic.
According to details of the deal shared with legislators over the weekend and reviewed by Gothamist, the state s Office of Temporary and Disability Assistance would be tasked with sending out $2.35 billion in federal funding and $100 million in state aid earmarked for rental assistance.
The program is expected to be passed as part of a budget deal that was due April 1st, which Governor Andrew Cuomo and state legislators were still finalizing as of Monday. It comes at a time when as many as 1.2 million tenants across New York face the possibility of eviction. Both renters and landlords have expressed frustration that the state has not distributed any of the rent relief allocated in the last two rounds of federal stimulus packages, including the $1.3 billion sent to New York in December. ....

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NY lawmakers near budget deal to raise income, corporate taxes by $4.3B

New York Gov. Andrew Cuomo and state lawmakers are nearing a budget agreement that would increase corporate and income taxes by $4.3 billion a year and would make top earners in New York City pay the highest combined local tax rate in the country. ....

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