In an effort to confront the city’s ongoing homeless crisis, Mayor Eric Adams stood alongside elected officials and union members to support a plan that would clear the streets and subways, and put a near-record number of unhoused New Yorkers into underutilized hotels. — Gothamist
Adams is supporting state bill S.4937/A.6262, which would make it easier for the city to convert underutilized hotels into affordable housing. According to city officials, this work would come at two-thirds the cost of new construction and could create 25,000 beds.
Mayor Adams has been active in his handling of New York’s homelessness issue recently, which was evident in his controversial push to clear hundreds of homeless encampments. This was followed by his administration’s proposed $171 million investment in homeless services that would help fund specialized shelters.
As reported by Gothamist, the money to carry out the bill is available through $100 million from the Housing Our Neighbors with Dignity Act, which was passed last year to pay for hotel-to-apartment conversions. An additional $5 billion that was set aside in Adams’ budget for capital funding to build more affordable housing could also become a possibility.
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Good idea.
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