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It's called SCRIE, "Senior Citizen Rent Increase Exemption". Basically if someone is over 62 in a rent stabilized apartment, NYC will eat the annual increase until death at taxpayer's expense. Quick back of the envelope calculation, there are 1 million rent stabilized apartments in NYC, with about 23% rented by seniors, and an average rent of $1200.
If we assume 1.5% annual increase, taxpayers will be on the hook for $50,000,000 in new welfare obligations for year 1, compounding annually and essentially permanent since as seniors die off more younger tenants become eligible at 62.
Must be nice to have everyone else's money to throw around!! (especially those stuck paying market rents)
Blake, you seem to be going far out of your way to stir up discord and hatred of de Blasio. As Dreamernyc says, SCRIE has been around since 1970.
In order to qualify, you must be over age 65, have a household income under $50,000, and are currently paying more than 1/3 of your income in rent.
So that means that elderly people who are rent burdened can get relief from this program.
Plus, this program merely freezes the rent. It doesn't roll the rent back to 1/3 of income. So many seniors wind up being rent burdened even with the help of SCRIE.
Are you saying this program is unreasonable? Or that de Blasio is secretly making changes to this program?
I know quite a few landlords that get these payments for themselves renting their own apts. Great system for rampant abuse. Imagine you own a house and put it in your relative's name and then you pretend you are poor as hell and the city subsidize your rent living on your own house.
I know quite a few landlords that get these payments for themselves renting their own apts. Great system for rampant abuse. Imagine you own a house and put it in your relative's name and then you pretend you are poor as hell and the city subsidize your rent living on your own house.
Opinion:
If you can think it, it's already been done.
It's humanitarian to help but sinful to support someone in need.
I have known of a family 3 generations deep into poverty on the NY dole while owning homes in P.R.
and driving around in fancy cars. When I asked Grandma,Mom and daughter how they felt about living on
welfare ( as it was called back in the day ) they eagerly responded " this is America poppy...........
It's called SCRIE, "Senior Citizen Rent Increase Exemption". Basically if someone is over 62 in a rent stabilized apartment, NYC will eat the annual increase until death at taxpayer's expense. Quick back of the envelope calculation, there are 1 million rent stabilized apartments in NYC, with about 23% rented by seniors, and an average rent of $1200.
If we assume 1.5% annual increase, taxpayers will be on the hook for $50,000,000 in new welfare obligations for year 1, compounding annually and essentially permanent since as seniors die off more younger tenants become eligible at 62.
Must be nice to have everyone else's money to throw around!! (especially those stuck paying market rents)
I have no problem with my tax money taking care of senior citizens so they don't get thrown out onto the street when they retire and are living off of Social Security only. That's the profile of the overwhelming majority of SCRIE recipients. And it's no different than the senior citizen property tax reductions/exemptions that are given by states and municipalities to millions and millions of seniors across the country.
May you be destitute and in need of help when you are old... hopefully in some city or state where everyone is as miserable as you seem to be and where you will get no help at all.
Go back into your hole now.
It's called SCRIE, "Senior Citizen Rent Increase Exemption". Basically if someone is over 62 in a rent stabilized apartment, NYC will eat the annual increase until death at taxpayer's expense. Quick back of the envelope calculation, there are 1 million rent stabilized apartments in NYC, with about 23% rented by seniors, and an average rent of $1200.
If we assume 1.5% annual increase, taxpayers will be on the hook for $50,000,000 in new welfare obligations for year 1, compounding annually and essentially permanent since as seniors die off more younger tenants become eligible at 62.
Must be nice to have everyone else's money to throw around!! (especially those stuck paying market rents)
Have not heard of Sam The Eagle "expanding" SCRIE, in any event he cannot without city council and Albany. The scheme is what it is and only changes came about several years ago when income limit was raised from $29k per year to $50k.
If anything far fewer seniors and disabled sign up for the scheme than are eligible. That is something BdeB and city have tried to over come by sending outreach workers on foot to knock on doors.
Way SCRIE and whatever work is that for those eligible rent is frozen, but not reduced. Yes, many old persons today are busted and rent burdened. But remember many middle aged and others will likely either be evicted or otherwise leave their RS apartments long before reaching 62 years of age if things are just that tight.
As have said numerous times; those middle aged, elderly and even younger people you see digging through shop/supermarket garbage bags aren't homeless. Many are RS tenants who live in or near the areas you see them "dumpster diving". Those that don't live in a area where pickings are good, hop a train or bus down to places like my area (UES) or whatever where things are better.
If you've been reduced to digging through garbage for your groceries in whole or part, something will have to give sooner or later. Rent being "frozen" may bring some relief, but you've still got to pay that nut.
I have no problem with my tax money taking care of senior citizens so they don't get thrown out onto the street when they retire and are living off of Social Security only. That's the profile of the overwhelming majority of SCRIE recipients. And it's no different than the senior citizen property tax reductions/exemptions that are given by states and municipalities to millions and millions of seniors across the country.
Go back into your hole now.
Mat you be destitute and in need of help when you are old.
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
There's also DRIE for people with disabilities. Want to comment on that too?
Opinion:
I would be careful about asking that question.
It all come down to what is defined as disability..............
I knew of a New York Handout recipient who walked with a cane ,hobbling and moaning with every step while while assisted by his aid during the day but come nightfall was magically cured as he could be seen scurrying out the door into a waiting cab.
If I were to guess there was money to be made selling some of his pain meds for quick cash. As with all types like this, the system finally caught up with him and he is now a pathetic heart beat warehoused away in some two star nursing home grovelling about how he got the shot end of the stick in life.............Oh brother! Some folks will never get it...
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