Thanks to recent legislation, more senior citizens will be eligible to beat back rising rents.
Mayor Bill de Blasio today signed legislation into law to raise the maximum income level of seniors eligible for Senior Citizen Rent Increase Exemption (SCRIE) Program benefits from $29,000 to $50,000 a year.
The bill expands rent increase exemption benefits for seniors living in rent-regulated housing by raising the minimum income level from $29,000 to $50,000 a year—providing SCRIE eligibility to an additional 6,000 households. The law will take effect in July and will be in effect for those applying to SCRIE for two years.
On March 31, 2014, Governor Cuomo signed legislation authorizing municipalities to increase maximum income levels for qualifying seniors, and the bill was approved by the City Council at the stated meeting on May 14.
“Every New Yorker deserves to live in stable, affordable housing, no matter how much they earn—and our senior citizens are no exception,” said Mayor Bill de Blasio. “Our administration is committed to protecting housing for this city’s seniors, and this legislation takes a critical step toward ensuring they are able to continue living comfortably in their own homes.”
Others who worked towards the bill’s passage include Council Member Julissa Ferreras, Chair of the Committee on Finance, Council Member Margaret Chin, Chair of the Committee on Aging, and Council Member Jumaane D. Williams, Deputy Leader.