Anonymous ID: 57f019 Feb. 6, 2025, 1:30 p.m. No.22525905   🗄️.is 🔗kun

ree, sweet ree

 

City nonprofits squeezed at both ends by late payments, federal threats

 

The nonprofits that New York City relies on to care for its most vulnerable residents are being squeezed at both ends — by worsening late contract payments from city government and potential cutbacks in federal aid from President Donald Trump’s administration.

 

In an annual analysis released Thursday, City Comptroller Brad Lander found that 90.7% of human services contracts were registered late during the last fiscal year that ended in June, an increase from 88.5% the year before. Those $14.8 billion worth of contracts cover critical work like homeless services, day care and mental health treatment, but nonprofits cannot be paid until their contracts are sent to the comptroller’s office — and the late payments jeopardize their finances by forcing them to work for free.

 

https://www.crainsnewyork.com/politics-policy/nyc-nonprofits-squeezed-both-ends-late-payments-federal-threats