It is absolutely critical for the Rent Guidelines Board to continue to make history and approve an unprecedented rent rollback. Working families the real backbone of our community in the Bronx should not have to choose between putting food on the table and paying their monthly bills. A rent rollback will strengthen rent regulations and prevent the future economic squeeze of families living in the Bronx and New York City.
Last year, the Rent Guidelines Boards historic decision to freeze rents for families in rent-stabilized apartments has offered some much-needed relief for hardworking Bronxites, but we must not stop there. There are more than 33,000 apartments under rent regulation in my district, which includes areas of Morris Heights, Mount Eden, Highbridge, Claremont and Concourse East. These families need additional help because many are rent-burdened, where they are forced to spend more than 30 percent of their income to cover their rent and utility costs. We must ensure that housing remains affordable for our families and their children.