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NYCHA needs much more federal coronavirus relief

NYCHA needs much more federal coronavirus relief 1

By law, public housing residents pay 30% of their income in rent, so a sudden drop in income means a sudden drop in rental revenue for the authority. In fact, NYCHA has already informed tenants of the option to “recertify” their income levels, which is a way of saying that if someone has lost a job, they can qualify for a lower rent. That’s the right thing for tenants — but a blow to NYCHA’s revenue.

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