Fair Fare

Mayor Bill de Blasio reached an agreement with City Council Speaker Corey Johnson on a new city budget, the New York Times reports. The $89.2 billion budget includes funding for discounted MetroCards for low-income New Yorkers. 6sqft reported last week on the deal struck between the mayor and the city council to provide about $100 million to fund the program. Johnson has been a tenacious and vocal supporter of the Fair Fares program, in which the city will subsidize the cost of providing half-price MetroCards to New Yorkers who fall below the federal poverty line, or a household income of $25,000 for a family of four. Nearly 800,000 New Yorkers could benefit from the discounted fares. The initial allocation in the budget will pay for six months of the program beginning in January, with further financing will be forthcoming in future budgets.
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Image by Ged Carroll on Flickr Reduced-fare MetroCards may soon become a reality for low-income straphangers, as Mayor Bill de Blasio and the City Council have reached a deal Wednesday to provide roughly $100 million in funding to the program. The mayor's agreement with Speaker Corey Johnson, who has been one of the most vocal supporters of a Fair Fares program, means the city would fully subsidize the cost of providing half-price MetroCards to New Yorkers who fall below the federal poverty line, or a household income of $25,000 for a family of four. Nearly 800,000 New Yorkers could benefit from the discounted fares. Under the tentative deal, the city would allocate $106 million in its upcoming budget, which would pay for six months of the program beginning in January, according to the New York Times.
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