AGENCY TESTIMONY
ERAP funding efforts and impact on rent arrears
0:08:51
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87 sec
NYCHA successfully advocated for and obtained significant ERAP funding to help address rent arrears. This collaborative effort has helped stabilize the rent arrears situation, though challenges remain due to delays in funding distribution.
- Received approximately $159 million in ERAP funding, $39 million more than initially expected
- Applied over $148 million to residents' accounts
- Delayed funding led to a buildup of arrears as residents awaited assistance
- ERAP applications pending for 3-4 years created complications in arrears resolution
Eva Trimble
0:08:51
We are proud of our successful efforts to obtain ERAP funding for NYCHA residents, a great example of what we, NYCHA residents, elected officials, and other advocates can achieve when we were together.
0:09:03
NYCHA has received a total of approximately $159,000,000 in ERAP funding, $39,000,000 more than we initially expected.
0:09:12
We have already applied over $148,000,000 to residence accounts and will continue to credit residence accounts as funds are received.
0:09:20
This funding has helped to bring down and stabilize renterrears.
0:09:25
Initially, Nitro residents were going to receive $0 in ERAP funding, but thanks to Nietta's tireless advocacy in collaboration with partners like Mayor Adams, this council, Governor Hochul, and the state legislature, Nietta residents are receiving their fair share of these vital funds.
0:09:41
This victory is a testament to our supporters commitment to the well-being of public housing residents and the strength and future of this agency.
0:09:49
However, because of the delay, thousands of residents had ERAP applications pending for 3 or 4 years.
0:09:56
In that time, many residents may have thought that their ERAP funding would resolve all of the arrears accrued, but it only provided a maximum of 12 months of assistance.
0:10:06
Additionally, while the ERAP application was pending, Nitro was precluded from bringing an eviction proceeding on the basis of nonpayment of rent These factors led to a significant buildup of rent arrears.
