Happy Tuesday!
According to CHIPs recent update, the OTDA released a “Notice of Overpayment” they are urging owners not to deposit checks and to return them back to OTDA. If you have deposited it or received direct deposit you are to write a check and send it back. CHIP is trying to learn more about this problem.
Vouchers:
CHIP also mentioned problems with vouchers and how the process is slow and frustrating for all involved. Shams DaBaron, the homeless hero, is speaking up about this as he faces eviction because the city is not keeping up with his rent payments.
J-51:
CHIP continues to push for the passage of a J-51 extension. The Real Deal has published an article pressuring the City Council to take initiative or explain why nothing has been decided. City Council members have discussed this topic with the Speakers office but have gotten no feedback if the tax abatement would be passed soon.
FAIRER:
New York City has implemented the Fine and Interest Reduction Enabling Recovery Program. This will allow you to pay a reduced amount to resolve ECB judgments. This is only a three month program, so you should take advantage and go on their website to see if you are eligible.