Baked into the bill that is expected to extend the moratorium, Hochul said, will be a one-time appropriation for the Emergency Rental Assistance Program, which issues payments to landlords whose tenants can prove they’re unable to make rent because of financial hardship caused by the pandemic. Hochul did not say how large the appropriation will be, but a legislative source briefed on the matter told the Daily News it will be in the range of $300 million.
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