This past year has been difficult for us all. And while we have turned the corner on the worst of the pandemic as vaccines become more widely available, many in our communities are still struggling because of the COVID pandemic. I write today to assure you that hope and help are on the way. As you know, in March, President Biden signed into law the American Rescue Plan – a $1.9 trillion emergency response package to respond to the health and economic crises wrought by the Coronavirus pandemic. But, you still may be wondering – what does this mean for me? For New York?
The package is projected to provide roughly $100 billion to New York State, our communities, and our families through:
- direct aid to our city and state governments; specifically, $12.9 billion to the State and $5.95 billion to the City,
- more than $1 billion in rent relief,
- small business assistance,
- $6.5 billion in aid to the MTA,
- a total of more than $22 billion in direct payments to individuals and families in the form of $1,400 stimulus checks,
- roughly $8 billion through expansions to the Child Tax Credit and Earned Income Tax Credit,
- $9 billion for K-12 education,
- $2.6 billion for higher education,
- extended unemployment assistance, and other key programs.
Before giving you a closer look into how this funding helps you, the city, and the state, I wanted to quickly ask you for your opinion.
Do you support President Biden’s American Rescue Plan?
A Closer Look: 3-K for All
The American Rescue Plan is set to send $5.2 billion to New York City for 3-K, Pre-K, and kindergarten through grade 12 education and $1.2 billion for our city’s colleges and universities.
These funds will help safely reopen and sustain the safe operation of schools, address the impact of the COVID-19 crisis on New York City students, and help fund universal 3-K in all 32 school districts across New York City.
The benefits of ensuring access to 3-K for every child in our city are multidimensional – first and foremost it sets young children on a path to learning. Not only in subjects like reading and math, but also being in a learning environment with their friends – immersing themselves in a classroom where they not only learn with their peers, but from them as well.
In addition to these educational advantages, expanding 3-K into all five boroughs will be a game changer for working families, and it is a longtime coming.
A Closer Look: Lifting Children Out of Poverty
Included in the American Rescue Plan is an expansion of the Child Tax Credit which will provide additional relief of up to $1,600 per child. This policy will lift 242,000 New York children out of poverty. Specifically, the American Rescue Plan makes the child tax credit fully refundable for 2021 and increases the annual amount from the current $2,000 per child to $3,000 per child ($3,600 for a child under age 6).
Altogether, the relief included in the plan is projected to cut child poverty in half across the nation and lift nearly 12 million people out of poverty. This means poverty overall will be cut by a third, with poverty rates for Black Americans falling by 42 percent and rates for Latinos falling by 39 percent.
A Closer Look: Housing Assistance
Housing is a human right, and no one should be worried about keeping a roof over their heads in the midst of a pandemic. That is why I fought to make sure that the American Rescue Plan provided housing relief.
I’m proud to report that the law provides more than $21.5 billion in emergency rental assistance, $10 billion in homeowners assistance, $5 billion for emergency housing vouchers, and $5 billion for the HOME Investment Partnerships Program which will go towards creating housing and providing services for those experiencing or at risk of homelessness. Also included is $20 million for the Fair Housing Initiatives program to enforce fair housing rules and regulations, and to protect individuals from housing discrimination.
New York is projected to receive more than $1 billion in rent relief through these programs, which will be key in helping families that have fallen behind on rent payments due to the pandemic. Additional information regarding these programs will be forthcoming soon. If you need any help, please call my office at 212-860-0606 or email me via my website here.
With the programs and aid provided by the American Rescue Plan now reaching American families, I am focused on how we build back better – on how we create an economy that works for all, one that allows people to be paid what they deserve and to provide for their families.
We are now focused on the American Jobs Plan and the American Families Plan. The American Jobs Plan is a transformative infrastructure package to modernize our infrastructure – including transit systems – make sizable investments in climate change and clean energy technology, fund affordable housing – including investments in NYCHA and broadband deployment – and so much more. The American Families Plan is a once-in-a-generation holistic approach to create an economy in which everyone can succeed and no family is left behind. By investing in education and childcare and by providing tax relief to American families, we can lift children out of poverty and provide economic security to families in New York and across the nation.
I’ll be working hard to make sure that these policies are signed into law. I am committed to pursuing a robust and equitable economic recovery as we rebound from the economic crisis caused by the COVID pandemic.
Finally, I want to know what issues you are most concerned about.
Which issues are most important to you? (pick up to 4)
As always, your concerns still and always remain my top priority. Please do not hesitate to email me through my website or call my Manhattan office at 212-860-0606.
You can also sign up to receive weekly email updates from me here.
Carolyn B. Maloney
Member of Congress
|Manhattan District Office
1651 3rd Avenue, Suite 311
New York, NY 10128-3679
|Queens District Office
31-19 Newtown Ave.
Astoria, NY 11102
|Brooklyn District Office
619 Lorimer Street
Brooklyn, NY 11211
|Washington D.C. Office
2308 Rayburn HOB | Washington, DC 20515