New York City is grappling with the aftermath of a migrant crisis that saw it spend $7 billion sheltering asylum seekers. Currently, around 45,000 remain in shelters, matching the number of homeless prior to the crisis. With the flow of incoming migrants slowing, City Hall anticipates a prolonged recovery, emphasizing the need to reform the problematic shelter-industrial complex. The current shelter system is rife with corruption and mismanagement, and recent no-bid contracts only exacerbate financial strain, prompting calls for a reevaluation of how public funds are utilized.
The city has spent $7 billion on sheltering asylum seekers, while 45,000 still reside in the shelter system, mirroring pre-crisis homelessness numbers.
As the crisis wanes, City Hall predicts stabilization years away. The city must confront the entrenched shelter-industrial complex instead of reverting to past failures.
The shelter system is a $2.4 billion industry often tainted by corruption, with funds mismanaged and awarded without due diligence under political pressure.
The current administration has continued this trend, issuing no-bid contracts and further entrenching the burdens on taxpayers without clear oversight or accountability.
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