What Happened This Week in NYC Housing? May 2, 2025
Briefly

The latest City Limits roundup highlights key developments in New York City's housing sector, focusing on efforts to streamline affordable housing applications by reducing paperwork. The article also notes the Adams administration's proposed increase in rent contributions for CityFHEPS voucher recipients and ongoing considerations for rent hikes of 1.75 to 4.75 percent for stabilized apartments. Additionally, Mayor Adams' proposed budget emphasizes increased funding for supportive housing, signalling a focus on homelessness solutions and community empowerment through feedback solicitations.
New Yorkers applying for affordable apartments through the city's housing lotteries won't have to file as much paperwork as before, streamlining the process to help residents find homes quicker.
The Adams administration aims to increase the share of rent paid by households using CityFHEPS rental vouchers, affecting many low-income families within the city.
The Rent Guidelines Board is contemplating rent increases of 1.75 to 4.75 percent for stabilized apartments, with a decisive vote scheduled for June.
Mayor Eric Adams' executive budget proposal allocates additional resources toward supportive housing initiatives, highlighting the administration's commitment to addressing homelessness.
Read at City Limits
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