The latest poverty and income measures from the U.S. Census Bureau show a modest decline in the number of New Yorkers living below the poverty line – but rents continue to rise faster than incomes, and New York City households face far higher rent burdens than the rest of the nation.
The Community Service Society analyzed just-released U.S. Census Bureau data from the 2017 version of its New York City Housing and Vacancy Survey (HVS). Our preliminary analysis of the results sheds light on important housing issues facing New York City and State—including the renewal in 2019 of rent control and rent stabilization and the ongoing need for massive capital reinvestment at the New York City Housing Authority.
Testimony by Irene Lew, Policy Analyst Community Service Society of New York Before the New York State Department of Labor Commissioner Roberta Reardon June 27th Hearing on Ending the Subminimum Wage in New York State