New York City Mayor Eric Adams is facing a lawsuit from the Legal Aid Society and City Council for failing to implement laws that would expand a voucher program for low-income renters. The City Council overrode Adams' veto to enact the laws, which he claims lack proper authorization.
So addressing only a quarter of the D.C. region's housing shortage with subsidized units would cost roughly $15 billion, comparable to D.C.'s entire $19.8 billion 2024 budget. The Low-Income Housing Tax Credit, by far the largest federal affordable housing program, spends about $9.5 billion annually.Only dramatically expanded or entirely new funding sources would produce that $15 billion for affordable housing in the D.C. region .
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