A looming crisis is unfolding in New York City, where thousands of residents are on the brink of homelessness due to a critical shortage of affordable housing vouchers. According to alarming new estimates, nearly 12,000 New Yorkers could be left without a roof over their heads if the voucher problem isn't addressed. The issue stems from a cap on the number of Section 8 vouchers, which has been in place since 1995, limiting the availability of subsidies for low-income renters. As housing costs continue to skyrocket, advocates are sounding the alarm and urging policymakers to take immediate action to prevent a devastating surge in homelessness.
12,000 New Yorkers could be homeless if voucher problem isn't solved ABC7 New York
