The low-income program would offer a 40-percent discount, but only to riders with incomes at or below 185 percent of the federal poverty levels.
Youth passes would reduce rates for teenage riders, aged 13 to 19, by 70 percent for residents.
Kids under 12 would ride free as long as they are with a fare-paying rider.
But like anything, these changes come at a cost.
"We're not really able to offer many other discounts if we're going to administer a low-income program," explained Washington.
"The more diversified of a transportation system you have, the better off you're going to be going forward," urban planning expert at the University of Denver, Andrew Goetz, said.
Goetz said he sees accessible fares for low-income riders as a crucial, and necessary step forward.
"These are the most transit dependent people in society. These are people who, many whom, don't have an option in terms of driving," Goetz said. "A price that we as a community have to pay, but it's really essential that low income populations do have access to our transit networks."