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HUD Rejects Long-Term Housing Vouchers | Real Estate News
Trump’s administration is shutting down a lifeline for New York City renters — emergency housing vouchers meant to become long-term support. Congress allocated $264 million for that transition, but HUD says it’s not obligated to issue replacement vouchers, opting instead for a short extension that still ends this year. Rising rents ate through funds faster than expected, leaving thousands without a safety net. While NYC is scrambling with $80 million from other sources to help 1,700 households for two years, roughly 3,000 others are left in the dark — caught in a funding vacuum with nowhere…
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