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Drivers, advocates press council to keep medallion-relief program open and fund WAV transition
Summary
Taxi drivers and advocates urged the council to keep the Medallion Relief Program open to complete the refinancing and debt settlements for the last remaining loans, and asked for sustained support for the taxi improvement fund and for measures to help drivers purchase wheelchair-accessible vehicles (WAVs).
A coalition of taxi drivers, taxi-worker advocates and community members urged city officials and council members at the DOT/Parks executive hearing and the public testimony period to extend city programs that helped restructure medallion debt and to fund the continued transition to wheelchair-accessible vehicles.
What drivers said: Multiple speakers representing the New York Taxi Workers Alliance and individual drivers described how city-backed programs and loan restructurings since 2021 have helped many drivers but left several hundred owner-drivers still facing unaffordable payments. Richard Chow, Wayne Chin, and others asked the city to "keep the MRP program open" and to provide the $30,000 grant used in the medallion refinancing program so remaining lenders can be persuaded to…
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