Rent comes due this week for many people. For Long Islanders who’ve lost their jobs or paychecks due to the coronavirus, the pandemic may cause more than a health crisis.
The state is considering legislation to suspend rent collection for 90 days for people who were hurt by the pandemic.
State Senator Kevin Thomas of Long Island is a cosponsor of the legislation.
“We are in an emergency situation here. Individuals that were living paycheck to paycheck no long have a paycheck. They now have to choose between paying rent or putting food on their tables for their families.”
He says the bill also allows landlords to get a deduction on their mortgages.
“This also helps landlords because if tenants are not paying the monthly rent, they can use that towards a deduction of their mortgage payments to the bank.”
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