What is it?
Administered by the New York City Department of Finance, DRIE provides protection from rent increases for low- to moderate -income tenants with disabilities living in rent-regulated apartments.
What do you get?
If you meet eligibility criteria, your monthly rent will be adjusted to the level prior to the increase. For example, if your rent increases from $600 to $700 per month, DRIE will cover the $100 difference and you will continue paying $600 per month.
How long do you get it
To remain eligible, you must renew your benefits when your lease expires. For example, if you have signed a one-year lease, the benefits must be renewed after the first year.
|Failure to renew your benefits in the appropriate time will result in their termination.|