To qualify for the subsidy, senior and/or disabled residents must live in rent stabilized or rent controlled housing; use more than one third of their income to pay their rent and have an annual income of less than $50,000.
Yonkers will become one of the first municipalities outside of New York City to use state legislation to raise the maximum income limits. Yonkers Mayor Mike Spano is expected to sign the legislation after a public hearing on February 18, 2015 at 4:30PM.
Residents that qualify can apply through the New York State Home and Community Renewal White Plain’s office at 75 South Broadway, White Plains, NY and may contact the office by telephone at 914-948-4434 for additional information. To learn more about this new legislation, check out this article published by the Yonkers Tribune by clicking HERE.