(NY DAILY NEWS) Kenneth Lovett, September 24, 2016 — Andrew Hevesi is pushing a plan for a new rent subsidy to keep people in their homes.
The chairman of the state Assembly Social Services Committee has begun quietly pushing a plan he says would reduce reliance on homeless shelters by creating a new rent subsidy to keep people in their homes.
The plan by Assemblyman Andrew Hevesi (D-Queens), dubbed Home Stability Support, is not cheap.
He estimates it would cost the state and federal governments a combined $450 million a year. But he says when implemented it would actually save the state and city significantly more by relying less on costly shelters and other homeless services.
“It’s going to cost a lot but you drop significantly what we’re spending on the statewide and city shelter systems by reducing the trend of homelessness so you’re ultimately saving millions of dollars,” Hevesi said.