New York City has launched the 'Cash with Care' program to assist vulnerable youth aged 18-24 facing housing insecurity. Participants will receive $1,200 monthly for nine months, plus a one-time $5,000 payment. This initiative, a collaboration between the NYC Council and Covenant House New York, is funded by $1.5 million from the city's federal budget. The program aims to provide immediate financial relief and foster long-term stability and self-sufficiency for homeless or unstably housed young people.