Five-year $17 billion estimate was based on higher average monthly voucher cost per recipient
City Hall, NY – Today, the New York City Independent Budget Office (IBO) released a report on the City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) rental assistance voucher program that includes information showing, for the first time, how Mayor Adams’ administration calculated its cost estimate of Council legislation passed last year to reform the program.
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