Governor Cuomo and New York State Legislature Enact FY22 Budget with $3 Billion in Rent and Homeowner Relief

Governor Andrew Cuomo and the New York’s State Legislature approved the state’s FY22 budget, which includes significant new housing funding, continues existing programs, and creates the state’s emergency rental assistance program. In total, approximately $3 billion in combined federal and state dollars will be provided for rent and homeowner relief in the state. New York advocates, including members from NLIHC’s state partner New York Housing Conference (NYHC), applaud the efforts of New York legislators to secure additional funding for housing. Leaders in this effort included Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, Senate Housing Chair Brian Kavanagh, and Assembly Housing Chair Steven Cymbrowitz.

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