CSS conducted an analysis in 2017 and again in March 2022 to study the impact of congestion pricing on outer-borough residents. Only 4 percent of outer-borough residents (Brooklyn, the Bronx, Queens, and Staten Island) would regularly pay the congestion charge.
We know that well-funded rental assistance programs can act as a key mechanism for helping homeless New Yorkers leave the shelter system and find permanent homes. CityFHEPS is the city’s rental assistance program. And, while the city has made strides to improve the functionality of this program, there are a number of administrative, enforcement, and funding issues that continue to hinder it from being as effective as it could be.
Last week, the Biden Administration announced that it will cancel up to $20,000 in student loan debt for borrowers. Here are 6 tips from EDCAP on what borrowers should do next.
Unequal access to the internet and digital devices, or the “digital divide,” has been documented for decades. Today, the digital divide is preventing New Yorkers from climbing up the economic ladder.
Student loan debt has reached $1.7 trillion in the United States and is the second-largest form of consumer debt next to mortgages. In New York State, approximately 2.4 million people owe more than $98 billion in student debt, with one million of these borrowers living in New York City.
The last three years have been ones of momentous changes in our housing system, particularly for the more than two million people living in New York City’s 1,006,000 rent stabilized apartments.