Rules for SCRIE-DRIE Application Late Filing

Proposed Rules: Closed to Comments (View Public Comments Received:5)

Agency:
Comment By: 
Monday, September 21, 2015
Keywords:
Download Copy of Proposed Rule (.pdf): 

STATEMENT OF BASIS AND PURPOSE

 

The Senior Citizen Rent Increase Exemption and Disability Rent Increase Exemption Programs are authorized by sections 467-b and 467-c of the New York State Real Property Tax Law and established by chapter 4 (section 26-405), chapter 5 (section 26-509) and chapter 7 (sections 26-601 et seq.) of Title 26 of the Administrative Code of the City of New York .  These programs protect households headed by low-income tenants who are 62 years of age or older or persons with disabilities and who reside in rent regulated dwelling units from rent increases.  For those who qualify, rent is frozen at the time of or prior to application approval, protecting participants from future increases.  Participating landlords receive a property tax credit to cover the increase in rent. 

 

Each tenant  that qualifies for one of these programs receives a rent increase exemption order which lasts for a certain amount of time. When this order expires, the tenant must apply for a renewal order. However, due to medical or other problems, tenants  are not always able to file their renewal applications within the required time period. This proposed  rule will give program participants, upon a showing of good cause or extraordinary medical circumstances, additional time to  file their renewal applications. 

Public Hearing
Subject: 

Proposed Rule for SCRIE-DRIE Application Filing

Public Hearing Date: 
Monday, September 21, 2015 - 11:00am
Location: 
NYC Dept. of Finance, 3rd Floor
345 Adams Street
Brooklyn, NY 11201