Bill > S10121

This bill establishes a Former Foster Youth Priority Program to help young people who have aged out of the foster care system find stable housing in New York City. The program mandates that at least five percent of housing units made available through housing lotteries administered by the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) must be reserved for eligible former foster youth. A "former foster youth" is defined as an individual between 18 and 27 years old who was in foster care on or after their 16th birthday, regardless of how they exited care. "Housing lotteries" are described as randomized selection processes used by HPD and HDC to allocate affordable housing units. The bill also authorizes these agencies to create necessary rules, regulations, marketing materials, and procedural guidelines to implement and promote the program, ensuring it complies with fair housing laws and includes reporting requirements to analyze the program's impact and effectiveness.