The Community Service Society of New York
06/25/2026 | Press release | Distributed by Public on 06/25/2026 18:09
Press Release: CSS Statement on the Rent Guidelines Board Vote
June 25th, 2026
Press Release
CSS Statement on the Rent Guidelines Board Vote
Tonight, the Rent Guidelines Board (RGB) made history, and we celebrate alongside the tenants whose testimonies and struggles made this moment possible. By freezing rents for both one- and two-year leases, the RGB has given one million households a chance to hold on to their housing amidst an escalating affordability crisis.
Rent stabilized apartments house the largest number of low-income tenants of any housing program, as well as the largest numbers of Black and Latino New Yorkers. After four years in which the RGB raised rents by a cumulative 12.6 percent, our Annual Survey of Housing and Economic Security showed that a great many rent-stabilized tenants were struggling to make ends meet, with two thirds of low-income stabilized tenants straining financially and over four in five reporting that they have little or no emergency savings.
This rent freeze will be particularly impactful to them and may well prevent a swell of evictions and homelessness. As our research has shown, stable rents are tremendously impactful to tenants. Thanks to the Rent Guidelines Board, life in New York City just got a little more stable.
###
The Community Service Society of New York (CSS) has worked with and for New Yorkers since 1843 to promote economic opportunity and champion an equitable city and state. We power change through a strategic combination of research, services, and advocacy to make New York more livable for people facing economic insecurity. By expanding access to health care, affordable housing, employment opportunities, debt assistance, and more, we make a tangible difference in the lives of millions. Join us at www.cssny.org.
Issues Covered
Affordable Housing
Latest News
June 25th, 2026NYC Rent Freeze 2026: Four Reasons the Data Supported Freezing Rents
June 25th, 2026CSS Statement on the Rent Guidelines Board Vote
June 23rd, 2026For NYC Residents Losing Essential Plan Coverage Due to H.R.1, Help is Available!
More News
The Community Service Society of New York published this content on June 25, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 26, 2026 at 00:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]