Bedford Stuyvesant Restoration Corporation Unveils Plans to Reimagine Longtime Fulton St. Headquarters
Mission and Vision
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SMALL BUSINESS AND ENTREPRENEURSHIP
ARTS & CULTURE
HOUSING STABILIZATION AND HOMEOWNERSHIP
HEALTH AND WELLNESS
REAL ESTATE AND COMMERCIAL DEVELOPMENT
Innovate the Future Benefit Gala
Brooklyn Rocks! Music Festival
About the Plaza
Starting in July 2021, parents of children under 17 will receive $250-$300 per child.
Families can now receive up to $3,600 per child (as opposed to $2,000 per child previously). Starting in July, qualifying families will receive up to $1,800 in monthly checks until December, with the second half of their CTC claimed on one’s 2021 Tax Credit. Payments are fully refundable: you can benefit from the credit even if you don’t have earned income or don’t owe income taxes.
The new CTC has the potential to lift millions of children out of policy and is a milestone in US social policy. Studies estimate that the new tax credits could reduce child poverty rates by 45%, lifting up to 4 million children out of poverty. It is one of the most ambitious steps toward ending child poverty in America in decades, with the potential to transform and stabilize the lives of millions of families and children.
Restoration will pair you with an experienced staff member to walk you through the enrollment process and help you to understand what is needed to qualify.
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