"The program currently costs $1.2 billion. But laws passed in 2023 broadened eligibility for the housing vouchers, raising the projected cost of the program to $4.7 billion by 2030."
"Housing advocates say the expansion is urgently needed to address affordability and Trump administration cuts to federal rental assistance. They also dispute the city's projected cost of the program."
"Christine Quinn, head of the family shelter operator Win, said she was 'shocked' by the mayor's approach. 'Candidate Mamdani and Mayor-elect Mamdani promised to drop the appeal on day one,' said Quinn."
Mayor Zohran Mamdani is appealing a court decision that mandates a significant expansion of a rental assistance program, which is crucial for homeless New Yorkers. The program's cost is projected to rise from $1.2 billion to $4.7 billion by 2030 due to new eligibility laws. Mamdani's appeal aligns with former Mayor Eric Adams' stance that the City Council overstepped its authority. The mayor faces a $5 billion deficit, prompting proposed cuts to public services and a potential tax increase. Housing advocates argue for the expansion's necessity to combat affordability issues.
Read at Gothamist
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