Res 0236-2022

Whereas, New York City ("NYC" or "City") is home to an estimated 1.26 million residents aged 65 and older ("older adults"), about 14.9 percent of the City's total population, per the United States (U.S.) Census Bureau's Population Estimates Program; and Whereas, Over the next decade, according to the NYC Department of City Planning, the older adult population is expected to grow by 15.9 percent, which is three times faster than the under 18 population and five times faster than the City overall; and Whereas, Additionally, there is increasing longevity in the projection period, meaning more people are expected to survive into older age; and Whereas, As such, the number of older adults living in NYC is expected to surpass 1.4 million over the next two decades; and Whereas, In 2021, according to the Economist Intelligence Unit, NYC was ranked as the sixth most expensive city in the world and the most expensive city in the U.S.; and Whereas, Rental prices are a significant driver of the high cost of living in NYC, where renters make up two-thirds of all households; and Whereas, The price of rent in NYC increased 33 percent between January 2021 and January 2022, according to the online listing site Apartment List, almost double the national rate and the highest increase among the 100 largest American cities tracked by the group; and Whereas, In January 2020, before the pandemic, the median price of rent citywide was $2,900, according to the real estate website StreetEasy; and Whereas, The price of rent decreased about 14 percent the over the following year, before increasing to $2,895 in January 2022, with more dramatic declines and increases in wealthier neighborhoods, such as the Upper West Side in Manhattan and Williamsburg in Brooklyn, where median asking rents are now higher than they were before the pandemic; and Whereas, More than one-third of older adult New Yorkers live on a fixed income of less than $25,000 a year, per the U.S. Census Bureau's American Community Survey; and Whereas, Older adult New Yorkers are among the least likely in the country to move into a nursing home, which costs almost $6,000 a month, or an assisted living facility, which costs almost $13,000 a month, preferring to age in place, per the Kaiser Family Foundation; and Whereas, Accordingly, older adult New Yorkers, especially those with limited incomes, confront an array of hurdles when it comes to housing, including a lack of affordable housing, a shortage of safe and accessible apartments, low supply of home health care aides, and long waiting lists at many programs; and Whereas, Without major policy changes, older adult New Yorkers will face greater difficulties aging in their homes and getting the support they need; and Whereas, The Senior Citizen Rent Increase Exemption ("SCRIE") program provides a subsidy to cover most rent/maintenance increases for seniors who reside in a rent-regulated or Mitchell-Lama apartment, a Redevelopment Company development, a Housing Development Fund Corporation cooperative ("co-op") or a federally-assisted 213 co-op; and Whereas, In order to be eligible for SCRIE, the head of household must be 62 years or older at the time of the increase and the tenant/shareholder of record; said tenant must be living in the apartment at the time of increase; the total household income cannot exceed the income maximum of $50,000 annually; the monthly basic rent/carrying charge must be more than or equal to one-third of the tenant/shareholders total annual household income; and tenants must not be enrolled in any other rent/carrying charge subsidy program; and Whereas, The most recently available data show that, in 2016, less than 60,000 New Yorkers were enrolled in SCRIE, although it was estimated that there were over 12,000 potentially eligible SCRIE recipients; and Whereas, Many eligible seniors do not know about SCRIE, or may not remember to re-enroll in the program; and Whereas, S.5102/A.1475, sponsored by State Senator John Liu and State Assembly Member Karines Reyes, respectively, would implement automatic enrollment in the SCRIE program for eligible older adults; and Whereas, S.5102/A.1475 would also provide for a check box for a taxpayer to opt-out of data sharing and automatic enrollment on their tax return; and Whereas, Older adult New Yorkers have a right to live and age with dignity, and ensuring that they receive the benefits that they are entitled to is one important piece of addressing the current housing crisis in NYC; now, therefore be it Resolved, That the Council of the City of New York calls upon the New York State Legislature to pass, and the Governor to sign, S.5102/A.1475, which would allow municipalities and localities that have a senior citizen rent increase exemption program to establish an automatic enrollment program for eligible seniors to be automatically enrolled or automatically re-enrolled in the program. CGR LS #6659, 6714 & 6768 06/08/22 2