Elected Officials in D. C. Advocate for Co-ops

Almost immediately upon the passage of the Payroll Protection Program, co-ops and condos were faced with the all-too-familiar problem of ambiguity in legislation.  Were co-ops and condos meant to be included in the PPP or were they not?  Some housing corporations were able to acquire some assistance provided by the program, while most did not.

Over time, our legislative representatives heard from ARC and many others representing co-ops and condos throughout the City of New York asking for clarification and specific inclusion in the government relief plan.

In response to our concerns, many of New York City’s elected officials have appealed to the Administration in Washington D. C. for relief for co-ops and condos.  Their joint letter can be found in its entirety here.

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