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Brooklyn Borough President pushes for $5 million to combat deed theft
Brooklyn Borough President pushes for $5 million to combat deed theft

Yahoo

time20-05-2025

  • Yahoo

Brooklyn Borough President pushes for $5 million to combat deed theft

BROOKLYN, N.Y. (PIX11) — Community leaders and City Council members rallied to increase funding and awareness to end predatory lending and deed theft. Brooklyn Borough President Antonio Reynoso is calling on the City Council to allocate $5 million in next year's budget. More Local News Since 2014, nearly 3,500 complaints of deed theft have been reported. Almost half the victims, often seniors, come from Black and brown communities in Brooklyn. The hope is that city funding can help educate homeowners from falling victim to predatory lenders and help those who already have, with the crushing legal expenses. Advocates want the City Council to also consider lifting the statute of limitations for deed theft that occurred years ago and can't be challenged in court. The efforts targeting deed theft at the city level will bolster efforts currently being made at the state level. The aim is to shut down predatory deed theft and keep vulnerable New Yorkers in their homes. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

New Yorkers rally for expanded Fair Fares subway discount eligibility
New Yorkers rally for expanded Fair Fares subway discount eligibility

Yahoo

time17-03-2025

  • Business
  • Yahoo

New Yorkers rally for expanded Fair Fares subway discount eligibility

NEW YORK CITY (PIX11) – Eligibility for half-priced subway discounts should be expanded to include people making under $31,300 per year, elected officials say. The city's Fair Fares program offers discounted subway and bus fares to low-income New Yorkers. The program was expected to expand in early 2025 to include all locals making 145% of the federal poverty level, or $22,692 per year for a single person. A family of four would need to make under $46,617 to qualify. More Local News On Monday, advocates and elected officials are holding a rally at City Hall to say the program should expand to include New Yorkers making up to 200% of the federal poverty level. The new eligibility would include a single New Yorker making $31,300, a family of two making $42,300 and a family of three making $53,300. This expansion would mean 415,000 more New Yorkers could get the discount, including many who work minimum-wage jobs, according to the MTA's Permanent Citizens Advisory Committee. Advocates have long called for the 200% eligibility bar. In November, City Council Speaker Adrienne Adams and Borough President Antonio Reynoso joined a rally at City Hall calling for the expansion. At the time, a spokesperson for the Department of Social Services told PIX11 the department would need to review the previous expansion to 145% of the federal poverty line before considering another. Emily Rahhal is a digital reporter who has covered New York City since 2023 after reporting in Los Angeles for years. She joined PIX11 in 2024. See more of her work here and follow her on Twitter here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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