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The NYC Rent Freeze Program is for people who are older or have a disability. If your household income is less than $50,000, it can help you stay in affordable housing by freezing your rent. NYC Rent Freeze includes: Senior Citizen Rent Increase Exemption (SCRIE) Program.
What is the Scrie benefit in NYC?
SCRIE helps eligible senior citizens 62 and older stay in affordable housing by freezing their rent. Tenants can keep paying what they were paying even if their landlord increases the rent. The landlord gets a property tax credit that covers the difference between the new and original rent amount.
What is MCI improvement?
The Major Capital Improvement (MCI) program provides incentives for landlords to improve rent-regulated property conditions by allowing an increase in rents for rent-stabilized or rent-controlled units based on eligible construction costs.
What is the income limit for Scrie in NYC?
SCRIE eligibility criteria: Age: You must be at least 62 years old. Income: The total combined income of all household members must be $50,000 or less. Spending on rent: You must spend more than one-third of your monthly household income on rent.
What is the Scrie program in NYC?
SCRIE helps eligible senior citizens 62 and older stay in affordable housing by freezing their rent.
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Determine your eligibility Is your combined household income $50,000 or less in a year? Do you spend more than one-third of your monthly income on rent? Do you live in NYC in one of these types of housing? Do you have income from the following benefits?
What is an MCI rent increase in NYC?
An MCI is an improvement or installation that improves the overall condition of a building that is subject to the rent stabilization or rent control laws. The verified costs of an MCI can be passed onto rent regulated tenants through a temporary increase to their monthly rent.
Related links
Senior Citizen Rent Increase Exemption (SCRIE)
The SCRIE benefit assists eligible senior citizen tenants by freezing their rent at the current level and exempting them from future rent increases.
by ET SCHNEIDERMAN Cited by 4 Ten- ants may determine whether they qualify for a Senior Citizen Rent. Increase Exemption (SCRIE) or a Disability Rent Increase Exemption. (DRIE) by calling
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