While housing advocates say the budget deal included a major victory for tenants––creating a multi-billion dollar program for rent relief––it included less funds for NYCHA and homelessness prevention than stakeholders…
‘New York State could receive $23 billion as part of the ARPA, representing a once-in-a-lifetime financial base to significantly reduce childhood homelessness, a condition that often sets up the cycle…
‘At current payment levels, the CityFHEPS voucher falls close to $500 below fair market rent, leaving thousands of voucher holders competing with each other for the one or two units…