NYCHA Blames Dreary Financial Outlook on $454 Million in Unpaid Pandemic Rent

posted in: News | 0

More than 73,000 NYCHA households are behind on rent, what officials say will force the public housing authority to draw from operating reserves and make other cuts in the year ahead—and could potentially hamper its repair plans. Meanwhile, the state’s already-exhausted Emergency Rental Assistance Program (ERAP) to aid New Yorkers in rent arrears is unlikely to reach NYCHA.

Opinion: Fare Hike is the Wrong Approach to MTA’s Financial Woes

posted in: Society | 0

“If New York’s city and state leaders truly prioritize a society where social equity as well as environmental sustainability are fundamental values, discussion of subway and bus fare increases would not be on the table. And if the overarching goal is to bring riders back to the nation’s greatest public transit system, why disincentivize them with higher fares?”