Community eligibility, no work requirement, and funding allocation
Sanchez describes the new community eligibility category for renters facing eviction in rent-stabilized apartments at 50% AMI, confirms there is no work requirement, and explains funding will be evenly split between in-shelter and in-community populations, with a provision allowing future expansion.
In community, we are similarly keeping the income threshold at 50% of AMI, which is an increase, and also just a new category of eligibility altogether because folks in community were previously not eligible for these vouchers.
And so folks in community who are facing eviction actively in housing court and who are living in a rent-stabilized apartment will be eligible for the voucher.
There's no work requirement across the board.
And importantly, the legislation includes a provision that allows the administration and the city council to expand access as and if, who knows, life is funny, things change, there is extra money
in a future time.
So to ensure that the fair distribution of available vouchers, funding will be evenly allocated between the in-shelter eligible population and the in-community eligible population.
We are codifying the...