Story perspectives

NYC Homelessness Costs Surge, Population Rises Despite Spending

3/18/2026

Summary

Story summary

New York City spent $368 million on unsheltered homelessness in 2025, with costs per person above median household income.
The unsheltered population rose 26% since 2019, from 3,588 to 4,505.
Despite higher spending, street homelessness has not decreased, according to New York State Comptroller Thomas P. DiNapoli.
Mayor Zohran Mamdani's administration initiated a $1.86 billion contract for homeless housing.
Advocates propose using vacant public housing for long-term solutions amid rising rents.

History

Historical Context

New York City's homelessness crisis began in the 1980s, exacerbated by federal funding cuts and rising housing costs. In 1981, the Callahan v. Carey case established a right to shelter, yet by 2025, the unsheltered population surged by 26% since 2019, despite a $368 million expenditure. This ongoing issue highlights the urgent need for innovative housing solutions amid persistent economic challenges.

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Story summary

New York City spent $368 million on unsheltered homelessness in 2025, with costs per person above median household income.
The unsheltered population rose 26% since 2019, from 3,588 to 4,505.
Despite higher spending, street homelessness has not decreased, according to New York State Comptroller Thomas P. DiNapoli.
Mayor Zohran Mamdani's administration initiated a $1.86 billion contract for homeless housing.
Advocates propose using vacant public housing for long-term solutions amid rising rents.

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