NYC Proposes Rent Cap and Fair Pay Rules

Key Takeaways

  • New bills would expand pay equity reporting for companies in New York City.
  • A rent cap would limit CityFHEPS voucher holders to paying no more than 30 percent of their income.
  • The Mayor’s Office of Contract Services would be codified to speed up nonprofit payments.
  • These measures aim to boost fairness in pay, lower rent burdens, and help nonprofits survive.

NYC Introduces Rent Cap and Pay Equity Reporting

New York City lawmakers are pushing three bills to make life fairer. First, they want a rent cap so families on CityFHEPS vouchers pay no more than 30 percent of their income. Second, they would expand reporting on pay equity to close wage gaps. Third, they plan to codify the Mayor’s Office of…..

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