AGENCY TESTIMONY
CityFHEPS in the broader landscape of housing subsidies
0:10:11
ยท
64 sec
Commissioner Park situates CityFHEPS within the larger context of housing subsidies available to New Yorkers, emphasizing the need for investment from other levels of government.
- Other important subsidies include State FHEPS, Section 8 (Housing Choice Voucher Program), and NYCHA housing
- The commissioner highlights the limited fiscal capacity of the municipal government compared to state and federal partners
- She emphasizes the need for further investment by other levels of government to ensure adequate resources for housing stability
Molly Wasow Park
0:10:11
Though our focus is on city facts today, I do wanna highlight that this subsidy is part of a larger landscape of housing subsidies that serve New Yorkers experiencing homelessness and low income New York, low income households generally.
0:10:23
In addition to city feps, the New York State Family Homelessness and Eviction Prevention Supplement or state feps, the Housing Choice Voucher Program, also known as section 8, and New York City Housing Authority housing all serve as important tools in providing crucial aid.
0:10:37
Situating city FEPS in a broader policy context, it's important to recognize that other levels of government share the responsibility to devote resources to protecting households, housing stability overall and through the avenue of rental assistance in particular.
0:10:51
Relatively speaking, our municipal city government has the least latitude and fiscal capacity when compared to state and federal partners.
0:10:58
While we can provide evidence of the efficacy of our policies and strategies, I would like to underscore the need for further investment by our other levels of government partners.
0:11:08
Investment in these other housing subsidies is essential to ensuring New Yorkers at risk of housing instability receive as many resources as possible.