How does the Department of Finance calculate my income?

All sources of income are included to calculate income and determine eligibility. SCRIE and DRIE both use taxable and non-taxable income to determine eligibility according to legislation governing both programs. However, gifts and inheritances are NOT included as income.

What deductions are allowed in calculating income for the program?

• Federal, state and local taxes; and
• Social Security taxes

What deductions are NOT allowed in calculating income for the program?

• Medical expenses
• Medicare premiums
• Capital or business losses

How do I show income if I do not file taxes?

You are not required to file taxes to qualify for any of the NYC Rent Freeze Programs. However, you must submit any documentation you have that shows how you and your household members receive income such as Social Security statements, pension statements, IRA/Annuity statements (including earning statements), IRS forms 1099 and/or W2.

If you receive financial assistance from family or friends, please submit a letter from the individual(s) providing support, detailing the amount and the situation.

Will my increased Social Security benefits be included in my household’s income?

Each December, the federal government calculates the percentage increase in Social Security benefits. If that percentage increase exceeds the percentage increase in the Consumer Price Index for that year, then the amount of the increased benefit will be included in your household’s total aggregate disposable income when DOF determines your eligibility for the Rent Freeze Program.

If the percentage increase in Social Security benefits is less than the increase in the Consumer Price Index for that year, then the amount of the increased benefit will be excluded from your household’s total aggregate disposable income when DOF determines your eligibility for the Rent Freeze Program.