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An Initial Analysis of New York State's Housing Stability and Tenant Protection Act

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February 1, 2022  

An Initial Analysis of New York State's Housing Stability and Tenant Protection Act

The In Depth section on HUD User's Regulatory Barriers Clearinghouse (RBC) takes a closer look at innovative state and local strategies, activities, and plans to mitigate the impacts of regulations on the development of affordable housing. Each In Depth article highlights a particular plan, ordinance, or strategy in the RBC database and elaborates on aspects such as the approval process, stakeholder participation, and the progress made in reducing regulatory barriers.

The most recent In Depth article highlights a New York state ordinance that expands protections for renters. The Housing Stability and Tenant Protection Act of 2019 has two primary objectives. One is to add protections that further regulate rent-controlled units. Specifically, the act limits the amount and conditions under which rents for these units can increase and eliminates the provision that allowed landlords to deregulate units once tenants' income reached a certain threshold. The other objective is to expand legal protections to tenants facing evictions. The act extends the notification period before a landlord can evict a tenant and gives courts more discretion in granting grace periods to tenants facing eviction. These provisions apply to all rental properties in the state. The article also discusses the findings of a preliminary analysis of this law conducted by New York University's Furman Center for Real Estate and Urban Policy.

Visit HUD User's RBC In Depth page to learn more about rental protections in New York and other plans and initiatives that state and local governments have enacted to reduce impediments to affordable housing.

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