New York City’s housing challenges have shifted from abandonment and disinvestment to gentrification and skyrocketing rents – the NYC Department of Housing Preservation and Development has financed the development and preservation of hundreds of thousands of affordable homes
The New York City Independent Budget Office just released its City Fighting Homelessness & Eviction Prevention
Supplement (CityFHEPS) explainer! Learn more about the program's history, its challenges, and funding by reading our explainer today.
the DOE is choosing to base the new weight allocation for students experiencing homelessness on enrollment as of December 31, 2022. If this decision stands, schools will not receive funding this school year for changes in STH enrollment that have occurred since then.
In this report, IBO explores the potential roadblocks to the Trust’s success, and its benefits and risks, as well as other operational reforms contained in NYCHA’s greater reform plan, A Blueprint for Change.
The New York City Housing Authority regularly passes its five-year operating budget with funding gaps, which in last year’s plan exceeded $300 million in most years. IBO examines changes in NYCHA’s budget, including the subsidies the city provides to NYCHA, and looks at challenges ahead.
While 421-a Affordable New York has expired, talks on the future of the city’s largest tax expenditure continue. IBO examined how many affordable units it created since its start through June 2021, what incomes they serve, and how many received other subsidies.
In recent years, the City Council and de Blasio Administration have greatly expanded the funding for legal services for low-income New Yorkers facing civil proceedings in court. IBO examines how this funding for civil legal assistance has grown.