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A new state law that will boost rental subsidies to thousands of struggling New York City families living in shelters or at risk of eviction has been signed into law, taking effect immediately. With the bill's signing, Governor Hochul announced $100 million is available for counties to help homeless individuals and families leave the shelter system for a permanent home by providing rental assistance. The funds may also help very low-income New Yorkers pay their rent and increase their housing security.
