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NYLAG offers comments on proposed Income Savings Plan Program for residents in NYC homeless shelters

NYLAG submitted comments to the Department of Homeless services about a proposed rule that would mandate that working shelter residents funnel 30% of their income into a DHS controlled savings account that will only be given back after that person has secured permanent housing or otherwise been out of the shelter system for 30 days.

As advocates working directly with impacted communities, we seek to share our experience and provide relevant feedback regarding the proposed rule. The income savings plan set forth in the proposed rules will not decrease New York’s homeless population and will, in fact, increase New York City’s street homeless population.

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