This is absurd. With that kind of funding the city could build pretty good homes for the entire homeless population in just a few years. Stable living conditions is the first step to get your life in order.
More than absurd, it is completely corrupt. Unfortunately many people are operate under the false assumption that the homeless are slipping through the cracks because we aren't "devoting enough resources to the problem". Like most of our problems, the volume of money we throw at it isn't the issue. The issue is how that money is spent and who gets to decide how we spend it. New York City spends $38 billion dollars a year on "education" - over $30,000 per student. Despite this massive spending, more than half of NYC public school students were not proficient in reading or math (and this is data from 2019 - before the lockdowns - these numbers have gotten dramatically worse).
