Older Adult Programs See Budget Boost—But Not Enough to Keep Up With Aging Population, Providers Say

By Subeksha Poudel, City Limits New York City’s older adults represent 20 percent of its population. By 2040, researchers estimate the number of city residents aged 65 and older will increase by 40 percent. But the recently adopted budget of $550 million for NYC Aging—previously known as the Department for the Aging—for fiscal year 2025, which kicked off July 1, represents less than half of 1 percent of the city’s total $112.4 billion budget. While every dollar counts to meet the growing needs of older New Yorkers—NYC Aging saw its funding increase by more than $28 million, or 5.4 percent, compared to last year’s […]