If You Think Student Loan Forgiveness Is Bad…
nysenate.govNYS Senate Bill S6181A 2023-2024 Legislative Session Removes the requirement that rent arrears be repaid (by the various social programs).
In other words, DSS, Section 8, and all the other myriads of social programs will NOT pay back rent during the pandemic period to present (beginning March 13, 2020) so the landlord must forgive/eat the losses. It does not specifically state that landlords must wipe any arrears but can that be far behind?
Fifth Amendment
“…be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.”
Wipe arrears. 😂🤣