Vol. 57 No. 31
Saturday, July 30, 2022
Monkeypox Cases Increasing in New York City BY BRANDON ORTIZ
The New York City Department of Health (NYCDOH) reported that 1,258 people have tested positive for the monkeypox virus in NYC so far, with that number expected to continue trending up. During this current 2022 outbreak, the first case of monkeypox in the U.S. was reported in May when a Massachusetts resident returned from travel in Canada and tested positive for the virus, according to the CDC. Globally, the World Health Organization (WHO) reported seeing a monkeypox outbreak spread in certain European countries, such as England, around the same time. CDC data also shows that New York has the most reported cases of the monkeypox virus in the U.S. For those unfamiliar with the monkeypox virus, below is a rundown of what is known about the virus: Is monkeypox the same as smallpox or chickenpox? On their website, the CDC defined monkeypox as a zoonotic virus that is part of the same genus, Orthopoxvirus, as smallpox and cowpox. This classification means monkeypox is similar to both smallpox and cowpox, but not to chickenpox. Are there different types (or clades) of monkeypox? The two known types of monkeypox are categorized by where the clade originated geographically either in central or western Africa, as explained on WHO’s website. The first type, called the Congo Basin clade, is mainly found in the rural rainforest region near the Congo Basin. The other type is called the West African clade and has been recorded in several west African countries. There are differences between the clades as the Congo Basin clade is 10% fatal, whereas the western African clade is rarely fatal. The current clade responsible for the 2022 outbreak is the western African clade. However, (Continued on page 4)
Eligible Co-op City Households Encouraged to Apply for NYS Emergency Rental Assistance Program BY ROZAAN BOONE
Co-op City homeowners who meet eligibility requirements should apply for the New York State Emergency Rental Assistance Program (ERAP) despite expiration of the June 30, 2022 deadline. According to the NYS Office of Temporary and Disability Assistance (OTDA) website, additional funding for the program from the 2022-2023 State budget has facilitated processing eligible applications received through June 30, 2022. Should additional funding become available, eligible applications submitted after June 30, 2022, will be processed. The New York State Emergency Rental Assistance Program (ERAP) is administered by the Office of Temporary and Disability Assistance (OTDA). To be eligible, applicants must meet all of the following criteria: • Household gross income must be at or below 80% of the Area Median Income (AMI). These income limits differ by county and household size. A household may qualify based on current income or calendar year 2020 income that is at or below 80% AMI. According to data at the OTDA website, derived from HUD, income limits for low-income and middle-income families in the Bronx earning at 80% of the Area Median Income, are: for households of 1: $66,850; households of 2 people: $76,400; 3 people: $85,950; 4 people: $95,450; 5 people: $103,100. (See chart at ERAP website, https://otda.ny.gov/programs/emergency-rental-assistance/#overview for more). • On or after March 13, 2020, a member of the household received unemployment benefits or experienced a reduction in income, incurred significant costs or experienced financial hardship, directly or indirectly, due to the COVID-19 pandemic. • The applicant is obligated to pay rent at their primary residence and has rental arrears (rent overdue) at their current residence for rent owed on or after March 13, 2020. • The household must be at risk of experiencing homelessness or housing instability, which can be demonstrated by having rental arrears owed on or after March 13, 2020. There are no immigration status requirements to qualify for the program, according to the ERAP criteria. For the first 30 days of the ERAP program, priority was being given to: 1. Households with income at or below 50 percent of the Area Median Income (AMI) that also include a household member who:
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$1.25
Financial Operations Management Report
Bob Klehammer I have written several times to shareholders this year about the difficult financial condition we are facing. Our expenses have increased well beyond budget projections mainly due to rising natural gas, insurance, water and sewer, and maintenance supply costs. You see this every day in your personal experiences at the supermarket or gas station. I am also aware of the debate in the community and in the CC Times regarding how money is spent by Management. Some of this debate is spurred by people who have access to the monthly management reports that contain detailed information about our financial operations and have participated in the review of our biennial HCR-mandated operating budgets. I want to give the community a summary of our budget and where our revenues come from and how they are spent. In the most recent fiscal year that ended March 31st, our total revenue was $250.7 million. Of that amount, $211.3M came from carrying charges and surcharges. That is 84% of our (Continued on page 2)
MTA Preliminary Budget Points to 2025 "Fiscal Cliff" BY BRANDON ORTIZ
The MTA detailed a concerning picture when the agency released both their 2023 Preliminary Budget and four-year financial plan on Wednesday, July 27. Included in the release of the four-year financial plan was also a critical reforecast of ridership recovery efforts, which was handled by consultants McKinsey & Company. Altogether, the documents pointed to a potential fiscal cliff the MTA will face in 2025 unless the agency can find additional streams of revenue to offset a massive annual structural deficit expected to reach $2.5 billion in two years, according to the MTA. The fiscal cliff is now expected to occur one year earlier than the original 2020 estimates, due in large part to the forecast’s prediction that the MTA will run out of its Covid-19 relief aid by 2024. (Continued on page 4
Game Over Basketball Returns
BY P.M CAMPBELL
On Saturday, June 23, Co-op City youth hit the Bellamy Loop court as part of GameOver Sports and Entertainment’s basketball camp. Sponsored by the Riverbay Fund, this has been a weekly event for kids ages 11 through 16 to learn from coaches with rich backgrounds in education and sports. With a philosophy of not “selling hoop dreams” but rather “building well-rounded young people,” (Continued on page 13)