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The City’s Rent Hike Plan for Voucher Holders Will Backfire
Samuel Stein, Oksana Mironova, Debipriya Chatterjee, Jennifer Hinojosa, Yvonne Peña
Summary:
The Adams administration has proposed raising CityFHEPS voucher holders' rent contributions from 30% to 40% of income if they've been in the program for five years or more. This change could affect nearly 30,000 low-income households with risks of exacerbating financial hardship, reducing household spending on essentials, and heightening eviction risks.
This brief uses the latest Census and HRA data to calculate how much more the average CityFHEPS tenant would pay—and how much the city would save.
Issues: Affordable Housing
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