CM Marte on SCRIE/DRIE/SCHE/DHE importance and Intro 1010
Council Member Christopher Marte thanks committee chairs and advocates, describes the programs as critical anti-displacement tools, and explains Intro 1010 which implements the state's increased income eligibility to $75,000 for SCHE and DHE, giving tens of thousands more seniors and disabled homeowners access to tax breaks.
Good morning.
My name is Councilmember Christopher Marte.
I'm a brown male wearing a blue suit, white shirt, and a red tie with little camels on it.
I like to say you look younger than your age.
I look maybe younger than my age, but.
I would like to thank our committee chairs today, Councilmember Lee, Councilmember Hanif, Councilmember Zhang for today's important hearing.
Thank you to the committee staff who has been helping us with these bills and organizing this hearing.
And lastly, I want to thank all the advocates that are here today.
SCREED, DRE, SHE, and DE are some of the most important programs to stop displacement, address our city's urgent affordability crisis, and keep people in their homes.
The skyrocketing cost of living compounded with the astronomical rent increases means that more and more New Yorkers are finding themselves just scraping by.
Seniors and people with disability, people on fixed incomes, are the most vulnerable to rising costs.
For too long, the eligibility criteria for these programs have not reflected the economic realities of many New Yorkers.
workers now face and our hands have been tied.
Thankfully, the state has allowed us to raise the maximum income eligibility to $75,000.
Intro 1010 will implement this change for she and he, giving tens of thousands more seniors and people
disabled homeowners access to these tax breaks.