The Rent
Guidelines Board recently recommended raising rents for stabilized
tenants in the city, but for the tenants that will not be able to
afford the increase, Marvin
Markus, chairman of the board, has a plan to keep them in
housing. The rent increase exemption program outlined by Markus would
include
setting a minimum rent to income ratio. If the tenant does not meet the
minimum income,
the government would then pay the difference to the landlord. This plan,
according to Markus, would protect the tenant in occupancy from large
rent increases, preserve the balance of mixed incomes in New York City
neighborhoods and protect the
poor in these rent-stabilized buildings.