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What is NYC RCNY § 4-01?

Quick Answer

For the purposes of this chapter, the following terms have the following meanings: (a) "DHS" means the New York City Department of Homeless Services. (b) "DHS shelter" means a shelter operated by or on behalf of DHS.

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Effective: 12/15/2019

§ 4-01 Definitions.

RCNY § 4-01

For the purposes of this chapter, the following terms have the following meanings: (a) "DHS" means the New York City Department of Homeless Services.

(b)"DHS shelter" means a shelter operated by or on behalf of DHS.

(c)"Earned income" means income earned from employment, including both subsidized and unsubsidized employment.

(d)"Income Savings Plan Program" or "ISP Program" means the program established pursuant to this chapter.

(e)"Monthly savings statement" means the monthly statement provided to individuals enrolled in the ISP Program, setting forth among other things, the amount that they must deposit in their client account by the end of the month.

(f)"Program participant" or "participant" means an individual enrolled in the ISP Program.

(g)"Savings month" means the month for which a savings amount is calculated. (Added City Record 11/15/2019, eff. 12/15/2019)

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