This bill would establish a new New York City rental assistance voucher program for families and individuals, which would be subject to appropriation and operated by the Department of Housing Preservation and Development (HPD). To be eligible for the program, households would have have a total gross income that does not exceed 50 percent of the area median income, as defined by the federal Department of Housing and Urban Development, as well as meet additional eligibility requirements based on the type of shelter or housing in which such household resides. The proposed bill would additionally amend section 21-145 of the Administrative Code to (i) remove the requirements of Local Laws 99, 100, 101, and 102 of 2023 that were not approved as part of the CityFHEPS program by the New York State Office of Temporary Disability and Assistance and (ii) codify the method of calculating a tenant’s rent contribution to reflect the method the Department of Social Services currently uses for such calculations, which factors in a utility allowance credit where it is appropriate.