Housing Insecurity Hero Banner
1 in 5 Households Spend 50% of Income on Housing
1 in 5 Households Spend 50% of Income on Housing
For almost 3 million New Yorkers, housing costs constitute more than 30 percent of household income, with 1 in 5 households experiencing a severe cost burden of more than 50 percent of their income going to pay for housing. This report is the third and final report in the “New Yorkers in Need” series. It examines three categories of housing insecurity: high housing costs; physical inadequacy, including overcrowding and substandard conditions; and housing stress, including evictions and foreclosures, which may result in homelessness.
Almost three million New York households are dealing with housing costs that consume more than 30% of their household income, with 1 in 5 households experiencing a severe cost burden of more than 50% of their income going to pay for housing, according to a report by State Comptroller Thomas P. DiNapoli. This is the third report in the State Comptroller’s “New Yorkers in Need” series. Previous reports focused on poverty and food insecurity.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
Start building a career with purpose today. No civil service exam required #NYHELPS
A program partner with the New York State Common Retirement Fund will reach out to you within 90 days to schedule an appointment.
Learn more
The state’s Office of Mental Health (OMH) needs to do a better job of overseeing court-ordered treatment for individuals under Kendra’s Law to ensure that needed services are delivered in a timely manner, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
Failure to Act Can Have Dangerous and Fatal Consequences