Delays in Finding Permanent Housing in NYC
Inadequate oversight of a New York City rental assistance program is leading to significant delays in finding permanent housing for homeless people and those at risk of homelessness, according to an audit released by State Comptroller DiNapoli. The audit found the New York City Department of Social Services is not properly managing the City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) program.
“The New York City Department of Social Services should improve its management of the CityFHEPS program to ensure every dollar goes towards helping people experiencing homelessness,” DiNapoli said. “The housing affordability crisis in New York City underscores the importance of an effective and efficient rental assistance program.”
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Local Sales Tax Collections Up 1.4% in Third Quarter
Local government sales tax collections totaled $5.98 billion in the third calendar quarter (July-September) of 2024, an increase of 1.4%, or $82.7 million, compared to the same quarter last year, according to a report released by State Comptroller DiNapoli. Eight of the 10 regions in the State, including New York City, saw collections rise.
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DiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
State Comptroller DiNapoli, as trustee of the New York State Common Retirement Fund, has been appointed lead plaintiff in a securities fraud class-action lawsuit filed against the global cybersecurity company Crowdstrike Holdings Inc.
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Better Oversight of Storm Recovery Funds Needed
Improvements to administrative practices and better monitoring of project progress is needed by New York’s Homes and Community Renewal agency in its oversight of storm recovery housing programs, according to an audit released by State Comptroller DiNapoli.
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State Contract and Payment Actions in September
In September, the Office of the State Comptroller approved 1,661 contracts for State agencies and public authorities valued at $1.9 billion and approved more than $2 million payments worth nearly $15.9 billion. The office rejected 210 contracts and related transactions valued at $298.1 million and nearly 3,200 payments valued at more than $6.4 million, primarily for mistakes, insufficient support for charges and improper payments. More information on these contracts and payments is available at Open Book New York.
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ALSO IN THE NEWS THIS WEEK
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N.Y.C. Housing Voucher Program Is ‘Plagued With Problems,’ Audit Says
N.Y. State Common pension fund tapped as lead plaintiff in CrowdStrike lawsuit
NYS Superstorm Sandy study cites need for improved disaster recovery process
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Thomas P. DiNapoli
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