This study provides a better understanding of the housing trajectories of young adults who exit foster care and residential programs for homeless young adults, including emergency shelters and transitional living programs. Using administrative data to follow a cohort of young adults, this study documents which housing resources are used by youth and assesses which youth may be suited for supportive housing or other specific housing resources.
Governor Cuomo's latest proposal for reviving the 421-a tax break for housing development has several new features. The Mayor's preliminary budget did not account for the potential cost of this new iteration of 421-a. How much more could this cost the city in forgone tax revenue? IBO's estimate.