According to the World Health Organization, the coronavirus has circulated 95% of countries at large. Apart from that, hundreds of thousands of deaths have been recorded since the outbreak of the pandemic. As a result of the disastrous effect of the virus, the activities, as well as the daily life of people, have been reduced to half. In most developed countries, only for essential businesses that have to run for daily survival have been left out of the whole situation.
To the microbiologists as well as scientists, the new coronavirus is a respiratory virus that spreads primarily through droplets generated when an infected person coughs, sneezes, or through droplets if saliva or discharge from the nose. Although experts have developed several measures of prevention, there is still no sign of a cure to the disease. Coronavirus has profoundly affected not all the global economy but also the political, cultural, and social way of life of everyone across all borders.
This is an uncertain time for all of us. They are even more uncertain for house owners as well as tenants. Not only have house owners receive little or no payment from the tenant, but the residents have also been left in the sixes and sevens. Unlike the pre-COVID-19 era, the rules for renting during this period have been profoundly affected. The pandemic has made most Americans become intimately acquainted with their apartments over the past month. Rather than working, people have been forced to stay indoor and even socialize from home. As a result of the coronavirus outbreak, hundreds of thousands of New Yorkers who are in the labor force earn incomes below twice the poverty level and, at the same time, do not receive federal housing assistance. How to pay rent in a pandemic has become a mare nest.
Different rules of renting have been developed by the government to help deal with the problem of coronavirus pandemic rent. For instance, there is a 90-day eviction on housing rent in New York in May 2020. Aside from that, the emergency cash assistance for people who have lost income due to the spread of the virus making it difficult to pay rent while in covid19is made available by the New York City Human Resources Administration.
In such a situation like this, landlords should be willing to assist tenants who have little or no income to pay rent in the pandemic aloof. Besides, there are several schemes made available for landlords who are having difficulties getting the rent from their tenants. All these grants would not only help you during this period but also serve as something you can bounce back to after the whole ravage. For tenants, there is also a slew of programs set aside by the local, state as well as Federal government to make people who are forced to stay indoors, stay at home comfortably. The $171 million, as well as the $149 toward HUD-assisted, have been made available by the Federal government to help cover rents of those residents who lost all or much of their income. If the pandemic stays for an extended period, the New York City Housing Authority (NYCHA) is always available to help you survive. Therefore, landlords, as well as tenants, need to give in to the new renting system caused by the pandemic. Landlords should be ready to tax on their patience while dealing with tenants at this point.