Mayor Eric Adams on Friday vetoed a bill the City Council passed to prevent rental voucher-holders from contributing more than 30% of their income for rent.
The Council’s bill aimed to prevent the Department of Social Services from requiring participants in the CityFHEPS program starting in their sixth year to contribute 40% of their income to rent, up from 30%. (The rule doesn’t apply to households that include a person over age 60 or receiving Supplemental Security Income.)
Adams and social service officials had said the new rule was needed to help control rapidly rising costs of the voucher program — which hit $1.25 billion spent in the year that ended June 30 — and ensure it will last into the future…