NYC Mayor Unveils New Housing Investments in 2026 Budget

On April 28, 2025, Mayor Eric Adams announced significant housing investments for New York City’s Fiscal Year 2026 executive budget, dubbed the “Best Budget Ever,” during an event at Woodhull II. The budget allocates $24.7 billion over 10 years for affordable housing, $350 million for NYCHA repairs, $229 million for nearly 6,000 supportive housing units,…

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