Mar 10, 2021 Press Release

Statement by Wes Moore, CEO of Robin Hood, on the Passage of the American Rescue Plan

FILE - This May 8, 2008, file photo shows blank checks on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia. The IRS is delaying tax refunds for millions of low-income families as the agency steps up efforts to combat identity theft and fraud. Starting in 2017, a federal law requires the tax agency to delay refunds until Feb. 15 for people who claim the earned income tax credit and the additional child tax credit. The IRS says processing times will delay most of the refunds until the end of February. (AP Photo/Matt Rourke, File)

New York, NY — Robin Hood, New York City’s largest poverty-fighting organization, has issued the following statement regarding the passage of the American Rescue Plan on behalf of Chief Executive Officer, Wes Moore:

“The American Rescue Plan will bring long overdue relief to New Yorkers who are living in – or at the edge of – poverty, including the 2 million New Yorkers facing food insecurity, the 1.2 million New Yorkers at risk of eviction, and 1 in 5 children who are living in poverty citywide. Most notably, the American Rescue Plan’s inclusion of a fully refundable and increased child tax credit will effectively cut child poverty in half, elevating nearly 160,000 children out of poverty in New York City alone. To tackle child poverty with the sincerity this issue demands, we must make this reformed child tax credit permanent, thereby disrupting the generational cycle of poverty for families, particularly those of color, in this city and our country at large.”
– Wes Moore, CEO of Robin Hood

About Robin Hood:

Founded in 1988, Robin Hood finds, fuels, and creates the most impactful and scalable solutions lifting families out of poverty in New York City, with models that can work across the country. In 2020, Robin Hood invested nearly $200 million to provide COVID relief, legal services, housing, meals, workforce development training, education programs, and more to families in poverty in New York City. Robin Hood tracks every program with rigorous metrics. Learn more at robinhood.org.