Prospective tenants with housing vouchers will no longer be required to undergo credit checks when applying for affordable housing.
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“Since I became mayor, our administration has been relentless in taking on the city’s affordable housing crisis from every angle, and we are taking another critical step forward today,” said Mayor Adams. “Every New Yorker knows we don’t have enough affordable homes, but once you find one, the city should do everything in its power to give you the keys as quickly as possible.
“If the tenant has a portion that they pay at all it would be only maybe 30% of their income and if their income changes, they can go back and they can adjust the amount that they pay. So, the risk is very, very low if not zero that someone with a voucher won’t be able to afford the rent.”
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