For the reason that Adams administration and Metropolis Council carried out probably the most complete overhaul of New York Metropolis’s tax lien sale course of since its inception almost three many years in the past, we wish to guarantee all New Yorkers are knowledgeable in regards to the expanded assets and new protections obtainable to assist them to remain of their houses —particularly because the deadline for this yr’s lien sale on Could 20 shortly approaches.
For those who’re vulnerable to being included within the upcoming lien sale, you’ll have acquired warning notices by mail at 90, 60, 30, and 10 days previous to the sale date. Receiving one among these notices means it’s essential to take motion by Could 19, 2025, to resolve your property taxes, water and sewer fees, and different property-related fees.
Our objective is straightforward: to make sure that property homeowners who’re in a position to pay their taxes and different municipal fees accomplish that, and to help those that are struggling by connecting them with the assets they should resolve their debt.
By way of these efforts, we’ve already helped hundreds of susceptible New Yorkers entry the Metropolis’s new reduction applications. However we’re working to achieve much more homeowners who should be in danger and in want of help, making certain they’re totally knowledgeable in regards to the expanded choices now obtainable to assist them keep of their houses and keep away from inclusion within the lien sale.
For property homeowners, we now have launched a spread of expanded assets to offer significant help for these dealing with monetary hardship. One of many key new choices is the Straightforward Exit Program, which provides owners further time to resolve excellent water or property money owed and keep away from being included within the lien sale. Along with this prolonged timeline, the Metropolis can also be offering entry to inexpensive fee plans, property tax exemptions, and different types of focused help. These instruments are designed to make it simpler for owners—particularly these in low-income communities and communities of coloration—to guard their houses and keep on monitor with their property-related obligations. For those who solely owe water and sewer debt, there are further versatile fee plan choices obtainable to resolve your debt and keep away from the sale. Extra data on these can be found on the DEP web site at https://www.nyc.gov/web site/dep/pay-my-bills/how-to-pay.web page#
For owners overwhelmed by unmanageable tax debt and dealing with displacement, a brand new housing preservation initiative provides a compassionate and community-centered answer. It provides eligible homeowners the choice to switch their property to a trusted, certified group devoted to preserving long-term affordability. This method not solely clears present debt but in addition permits residents to stay of their houses underneath a steady, inexpensive lease that may be inherited by future generations—defending households and stabilizing neighborhoods.
Equally essential, we’re working to guard tenants by holding landlords accountable for the situation of their properties. The Division of Housing Preservation and Growth is actively inspecting rental buildings with a historical past of repeated property tax delinquency, with the objective of enhancing dwelling situations and making certain that property homeowners uphold each their monetary obligations and their responsibility to offer secure, inexpensive housing.
On this pivotal second, the Metropolis is dedicated to utilizing each obtainable software to maintain New Yorkers of their houses and be sure that housing stays steady, inexpensive, and equitable throughout all communities. Whether or not you’re a home-owner fighting debt or a tenant dwelling in a constructing with persistent points, expanded assets and stronger protections are actually in place to help you. For homeowners time is of the essence—if you happen to’ve acquired a warning discover, don’t wait. Attain out earlier than Could 19, get knowledgeable, and reap the benefits of the numerous new applications designed that will help you keep away from the lien sale and safeguard your private home. Collectively, we will construct a fairer, extra supportive system that places susceptible New Yorkers first and preserves the communities that make our metropolis sturdy.
