Wednesday, November 11, 2015

Rent freeze renewal requirement hurts seniors: lawsuit

Bobbie Sackman with Mayor Bill de Blasio

Bobbie Sackman with Mayor Bill de Blasio

Seniors are seeing unexpected rent hikes caused by problems in the design of a city program meant to help them stay in their homes, a federal lawsuit claims.

The Rent Freeze Program allows rent-regulated tenants aged 62 or older to lock in their rent. But the program requires residents to renew every two years, leading to a large number being dropped. (more…)

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