REAL ESTATENEW YORK STATE has just six weeks left to distribute tens of millions of dollars in rent relief before a federally-imposed deadline could force the state to return the cash. No schedule available by press time. The strict requirements have created a scenario in which $60 million in rent relief could be returned to the federal government under a December 30th deadline set up by Treasury Department under the CARES Act. Before the pandemic, most if not all of the deceased would have been buried within a few weeks in a gravesite for the indigent on Hart Island, which is located in the Long Island Sound near the Bronx. To qualify for the relief, tenants must earn less than 80% of the area median incomewhich in New York City is $90,960 for a family of fourand pay more than 30% of their income towards rent before the pandemic, regardless of how coronavirus has altered their circumstances.
The deadline for return is mentioned in the text.
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The deadline for return is mentioned in the text .
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