Mr. Banks said that the city hoped to create two new rental subsidy
programs for the homeless. For families in which at least one person
works 35 hours a week, the city has set aside only $6 million next year,
but expects to spend a total of $80 million over four years, half of it
provided by the state. For the chronically homeless and the disabled
homeless, the city is hoping to divert some $60 million in city and
state funds that it expects to save next year by capping the
reimbursement rates to landlords who provide shelter for the homeless.