The city is building and preserving more affordable housing than ever, but federal programs remain the most effective tool for supporting the poorest households, according to a report released Thursday.
The Citizens Budget Commission analyzed a recent housing survey and found that around 44% of households pay more than 30% of their income in rent—after accounting for government subsidies such as the Supplemental Nutrition Assistance Program and Section 8 housing vouchers.
The post Despite Record Affordable Housing, Poorest New Yorkers Struggle to Pay Rent appeared first on Coalition For The Homeless.
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Source: Coalition for the Homeless