Basically:
"The city is slashing funding to free after-school programs in the East Village because the neighborhood has grown too wealthy to receive the services."
A few quotes:
"There may be increasing affluence in the East Village, but there are also huge pockets of poverty," said Robin Bernstein, president and CEO of the Educational Alliance, which runs an after-school program at P.S. 64 at Avenue B and East Sixth Street.
And.
"It's really an all-out assault on working families and the working poor," said David Garza, executive director of Henry Street Settlement
