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NYC Administrative Code

§ 21-145.3 — Rental assistance payments.

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What is NYC AC § 21-145.3?

Quick Answer

This section defines 'rental assistance payments' as recurring payments made by the department to landlords on behalf of tenants under specific programs, excluding certain state-funded payments. The statute also allows landlords to receive these payments via electronic transfer. Applies to landlords participating in rental assistance programs.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 21-145.3 Rental assistance payments.

AC § 21-145.3

a. Definitions. For the purposes of this section, the term "rental assistance payments" means recurring payments made by the department to landlords on behalf of tenants pursuant to programs administered by the department, excluding state funded shelter allowance payments made pursuant to section 352.3 of title 18 of the New York codes, rules and regulations. b. The department shall provide landlords the option to accept rental assistance payments via an electronic transfer into a bank account. (L.L. 2023/063, 5/29/2023, eff. 5/29/2024)

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