Tag: cityfheps

NYC’S HOUSING CRISIS: Why affordable housing really isn’t as ‘affordable’ as you think

Affordable housing in New York City

Feb. 25, 2025 By Emily Swanson New York City’s affordable housing landscape remains one of the most complicated — and contentious — in the nation. Despite billions of dollars in annual investments, the crisis persists, leaving many New Yorkers struggling to secure a roof over their heads. To help you understand what affordable housing…

An ‘unsustainable’ program: Why has NYC’s spending on CityFHEPS housing vouchers grown by 44 times in 6 years?

City Council rally on CityFHEPS expansion lawsuit

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)…