Provides for a continuation of senior citizen rent increase exemption benefits after a period of ineligibility

Summary

The proposal adds a new rule to NYC's rent‑exemption code allowing senior heads of household who lost their rent‑increase exemption because of a temporary income increase (up to two years) to reapply once their income falls back to qualifying levels. The exemption would cover the rent amount above what they paid before the income spike, plus any non‑exempt rent hikes that occurred while they were ineligible. The measure is currently referred to the Aging Committee in the New York State Assembly.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share