The state is zeroing in on providing $1.1 billion in funding for rent relief in its budget, according to multiple sources familiar with the negotiations.
The sources, legislators who asked not to be identified because the amount has not officially been publicized yet, said the money would be split between the state’s emergency rental assistance program and its landlord rental assistance program. Officials were still debating how to split the money between the two programs.
A spokesman for Gov. Kathy Hochul could not confirm the accuracy of the $1.1 billion figure.
New York’s rent-relief program had given out $1.7 billion in payments and provisionally approved an additional
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