Via POLITICO

City looks to create subsidized housing through vouchers
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The #Adams administration is launching a new initiative that aims to use #CityVouchers for #homeless #NewYorkers to create #SubsidizedHousing in market-rate buildings.

Under the program first reported by #POLITICO, nonprofits contracting with the city can #lease buildings from private landlords for up to nine years, before renting those apartments to #CityFHEPS voucher holders.

https://www.politico.com/news/2024/02/08/new-york-subsidized-housing-vouchers-00140383