Pandemic tax credit lifted thousands of NYC children out of poverty, report finds
“About 120,000 New York City children moved out of poverty in 2021 due to a temporary expansion of a federal program put in place at the height of the pandemic, according to a report published Tuesday by the anti-poverty group Robin Hood Foundation in collaboration with Columbia University. The Child Tax Credit, which helps parents offset the costs of raising children, was broadened in 2021 to include the poorest families, which didn’t initially qualify because they had no income or very little income.”