The Housing Stability and Tenant Protection Act (HSTPA) made it possible to freeze rents at preferential rates for qualifying New Yorkers. The de Blasio administration has released guidance regarding renter rights under the HSTPA. This guidance will allow New Yorkers who pay preferential rents in rent-stabilized apartments to benefit from the city’s Rent Freeze Programs.
Prior to the HSTPA, an owner could choose to raise a preferential rent to the legal rent at the end of the lease, even if the lease was being renewed. Eligible New Yorkers under Rent Freeze Programs could freeze their rent at the legal rent, but not the preferential rent. Due to the passage of the HSTPA, rents can be frozen at the preferential rates.
The Senior Citizen Rent Increase Exemption (SCRIE) and the Disabled Rent Increase Exemption (DRIE) are collectively known as the NYC Rent Freeze Program. Under this program, the city can freeze eligible tenants’ rents at the preferential level as opposed to the legal rent. New Yorkers who live in rent-stabilized homes with a preferential rent no longer need to have their rent reach the legal rent level before incurring the benefit of a rent freeze. This guidance has been included in the applications for SCRIE and DRIE.
The program is administered by the Department of Finance. The program’s goal is to help eligible senior citizens (over 62 years old) and tenants with qualifying disabilities (over 18 years old) remain in affordable housing. A property tax credit covers the difference between the actual rent amount and the frozen rent amount. The program is only available in rent-regulated apartments unless otherwise noted.
To qualify for the SCRIE, applicants must:
To qualify for the DRIE program, applicants must:
o Federal Supplemental Security Income (SSI);
o Federal Social Security Disability Insurance (SSDI);
o U.S. Department of Veterans Affairs disability pension or disability compensation;
o Disability-related Medicaid if the applicant has received either SSI or SSDI in the past; or
o The United States Postal Service (USPS) disability pension or disability compensation.