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    Home»Real Estate News»NYC City Council Threatens Budget Block Over CityFHEPS

    NYC City Council Threatens Budget Block Over CityFHEPS

    Team_WorldEstateUSABy Team_WorldEstateUSAJune 18, 2026No Comments2 Mins Read
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    New York Metropolis Council members aren’t giving up on the growth of CityFHEPS.

    Some lawmakers are threatening to vote no on any price range deal that doesn’t embody growth of the town’s housing voucher program, Metropolis Limits reported.

    An growth of this system, which first launched in 2018 and helps New Yorkers who’re or are prone to homelessness, has not been included in price range plans from each Speaker Julie Menin and — regardless of the marketing campaign promise — Mayor Zohran Mamdani. 

    Actually, Mamdani’s price range proposal cuts $500 million from this system, focusing particularly on lowering payouts the town makes to brokers.

    Beneath CityFHEPS, which stands for the Metropolis Combating Homelessness and Eviction Prevention Complement, New York Metropolis pays a part of eligible tenants’ month-to-month hire anyplace in New York State for as much as 5 years. 

    Members sometimes pay a 3rd of their revenue in the direction of hire, with the voucher masking the rest by way of direct funds the town makes to landlords. Presently, this system serves 70,000 households.

    “I might have a tricky time voting on a price range that doesn’t embody vital growth,” stated Pierina Sanchez, the Council’s Housing Committee chair, whereas additionally noting that the growth will get monetary savings in the long run by lowering what New York Metropolis pays to deal with individuals in shelters.

    Council member Sandy Nurse concurred that she couldn’t approve a price range that “doesn’t have vital growth to CityFHEPS and a dropped lawsuit.”

    This system’s prices have tripled over the previous three years and are projected to hit $1.7 billion this fiscal 12 months, in line with the Residents Funds Fee. And the complete growth of CityFHEPS is estimated to come back to a further $6 to $20 billion over the subsequent 5 years by Comptroller Mark Levine.

    Handed by Metropolis Council in 2023, the CityFHEPS expansion has been held up in court after Mayor Eric Adams’ administration refused to implement the legal guidelines and make this system eligible for extra New Yorkers.

    The New York Metropolis price range is due June 30.

     — Simon Galkevich

    Learn extra

    PolicyPro: Landlord groups, tenant advocates unite to push Mamdani to expand housing vouchers


    Human Resources Administration Administrator Scott French and Mayor Zohran Mamdani

    PolicyPro: Mamdani targets broker fees to curb CityFHEPS costs






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