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The New York State Association of REALTORS Inc. released the following statement:
New York’s 64,000 REALTORS call on Gov. Andrew Cuomo to direct all resources necessary to the State Office of Temporary Disability Assistance so that the disgraceful delay in sending aid to renters and landlords can end immediately.
The Associated Press reports that none of the $2.4 billion in aid to renters and landlords has been distributed even though the state has had seven weeks to do its job. Based on reported comments from OTDA, no funds are likely to be expended for another two weeks, making the total delay almost two months.
Families and small businesses need this aid and state government inaction is the only thing standing in the way.
The New York State Association of REALTORS is a not-for-profit trade organization representing more than 60,000 of New York state’s real estate professionals. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS. These REALTORS are also members of the New York State Association of REALTORS as well as their local board or association of REALTORS.