A nonprofit agency that provides critical services to homeless New Yorkers is owed $31 million by New York City. As the agency, Project Renewal, awaits payment—with some bills dating back three years—it has to rely on creative accounting measures and multimillion-dollar loans to meet its 1,000-person payroll and stay afloat.
It’s a scenario that’s familiar to social service nonprofits across the city. Promised funds frequently languish for months in bureaucratic sign-offs; it’s been that way for years, across mayoral administrations, but slow payments are harder to carry during the pandemic as agencies struggle to meet demand.
Project Renewal is a 54-year-old nonprofit that maintains shelters, food services, medical
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