On August 21st, Rep. Joe Crowley (D-Queens, the Bronx), Chairman of the House Democratic Caucus announced The Rent Relief Act – federal legislation that would provide two new refundable tax credits to people who live in rental housing. Rachel Fee, New York Housing Conference Executive Director delivered remarks at the press conference in support of the legislation, which would provided need relief to rent-burdened New Yorkers.
“Too many families in New York City are struggling to afford rent each month,” said Rachel Fee, New York Housing Conference Executive Director. “As rents continue to outpace income, we need federal policy to support affordable rental housing, especially for low-income families. Congressman Crowley’s bill will provide this needed relief to renters in New York and across the country.”