New York City's housing crisis has intensified, prompting the CityFHEPS voucher program to play a key role in aiding low-income families. Launched in 2019, CityFHEPS consolidated several rental subsidy programs to ensure affordability, requiring that families spend no more than 30% of their income on rent. Growing from a budget of $25 million to $1.25 billion, it currently serves over 55,000 households. However, critics argue its focus on homeless shelter residents restricts its broader impact, especially amidst a straining demand for affordable housing options.
CityFHEPS started out under the de Blasio Administration in 2019 as a consolidated version of several city-funded rental subsidy programs designed to reduce the population of homeless shelters across the city by ensuring that low-income households pay no more than 30% of their income on rent.
With Section 8 straining under increased demand, CityFHEPS has proved a vital resource for the city's low-income families who come nowhere close to affording market-rate apartments and are largely locked out of the city's housing lottery.
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