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QUESTION

What is the current per diem cost of the NYC shelters and what are the future plans for it?

0:44:35

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46 sec

The current per diem cost is $388, with plans to reduce it further by 2025.

  • The per diem cost is currently about $388.
  • Plans are in place to reduce the cost to an average of $386 by 2024 and then to about $352 by 2025.
  • Significant monthly progress is being made in reducing the per diem cost, with it dropping to about $274 for the last month.
  • The historical reductions from initial costs and ongoing strategies are part of efforts to manage expenses more effectively.