""It's really such a cost-effective, smart way to use precious resources. Suddenly you have everyday commuters saving $750 on their annual commute, that's real progress on affordability.""
""The higher threshold provides a bang for the buck that gives targeted help to working New Yorkers in the face of a multi-billion-dollar budget crunch.""
""We have an eye, obviously, on affordability ... and when we got deep into the data on who needed relief, who was working, what we think is within the budget envelope, we ended up at 250 percent [of the poverty line].""
The Fair Fares program offers a 50-percent transit subsidy to low-income residents. Expanding eligibility to those earning up to 250 percent of the federal poverty level could benefit an additional 722,000 New Yorkers. This expansion would increase the total eligible population to nearly two million, costing $232 million. The Citizens Budget Commission supports this change, emphasizing its cost-effectiveness and potential to significantly reduce commuting costs for working New Yorkers, especially during budget constraints.
Read at Streetsblog New York City
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