Mayor Eric Adams and Department of Veterans’ Services Commissioner James Hendon have unveiled a sweeping set of initiatives to secure housing stability and expand job opportunities for New York City’s 210,000 veterans.
The announcement, made during the kickoff of Veterans and Service Members’ Week and National Military Appreciation Month, underscores the administration’s commitment to those who have served. “Our veterans and service members put their lives on the line for our country, fighting to defend our way of life — that’s why our administration will always have their backs,” said Mayor Adams.
The four-pronged plan includes legislative advocacy, homeownership assistance, improved access to affordable housing, and targeted employment support. “Today, we honor those who made the ultimate sacrifice by taking concrete steps to support those who returned home,” said Commissioner Hendon. “Streamlined access to housing and expanded employment support directly translate into a stronger, healthier veteran community.”
First, the Adams administration is renewing its push for the Cold War Veterans Property Tax Exemption. This measure would grant property tax relief to approximately 11,000 Cold War-era veterans, with an average benefit of $938 per year.
Support for Intro No. 0740-2024, a bill currently before the City Council, would bring New York City in line with the rest of the state.
Second, a new partnership with the Hebrew Free Loan Society and the State of New York Mortgage Agency introduces interest-free loans for veteran homebuyers. Eligible veterans can receive up to $30,000 in zero-interest loans, repayable over five years, to help close the affordability gap and anchor families in their communities.
Third, the administration has streamlined housing access for disabled veterans. Applicants can now have their disability status certified directly by a supervisor at the Department of Veterans’ Services or the VA, making the NYC Housing Connect process faster and more accessible.
Finally, since January 2025, nearly 100 veterans have received one-on-one support navigating job changes, including résumé assistance and job matching. The initiative targets those affected by federal workforce shifts and aims to help veterans build sustainable careers.
