New York City’s public housing agency is stepping in to provide a new source of rental assistance for nearly 5,500 low-income households that are set to lose their current aid because the Trump administration and Congress declined to renew the program earlier this year.

But the decision comes at a cost: The New York City Housing Authority will stop issuing Section 8 vouchers to thousands of families and individuals on a lengthy waiting list in order to plug the gap for renters who rely on the expiring program, officials said.

“The abrupt conclusion of this assistance, which has been a lifeline for so many, could have a devastating effect on New York’s families without this action,” NYCHA spokesperson Michael Horgan told Gothamist in a written statement. “NYCHA is committed to keeping v

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