Jun. 3, 2025 By Shane O’Brien As New York City grapples with the ongoing housing crisis, CityFHEPS, a city-funded voucher program for low-income households, has played an increasingly prominent role in securing housing for some of the poorest residents in the city. But the program, which has grown astronomically since its inception in 2018,…
Feb. 25, 2025 By Robert Pozarycki New York’s CityFHEPS housing voucher program has grown into a fiscal albatross that is barely making a dent in keeping vulnerable low-income residents in their homes — and draining the city coffers of billions of dollars, according to a nonprofit’s report released Monday. The Citizens Budget Commission (CBC)…
Mar. 20, 2024 By Barbara Russo
It’s not all bad!
May. 31, 2023 By Ethan Stark-Miller
A final city budget deal likely won’t come until after the June 27 City Council primaries, giving the administration and city lawmakers a tight window to pass an on-time spending plan by their July 1 deadline, Mayor Eric Adams’ Budget Director Jacques Jiha predicted Wednesday.
May. 17, 2023 By Ethan Stark-Miller In a new analysis, the Citizens Budget Commission (CBC) found Mayor Eric Adams’ administration likely lowballed the NYPD budget for the coming fiscal year by roughly $1.6 billion, after not fully factoring in the pattern of ballooning overtime costs the department’s racked up in recent years. The budget…