NYC Mayor Eric Adams Celebrates Historic $2 Billion Investment in Affordable Housing, Total 10-Year Capital Commitment Reaching Record $26 Billion in Fiscal Year 2025 Budget
– New York City Mayor Eric Adams today celebrated an on-time, balanced, and fiscally-responsible $112.4 billion Fiscal Year (FY) 2025 Adopted Budget that addresses the city’s affordability crisis head-on and invests in the future of the city and the working-class people who make New York the greatest city in the world. The budget specifically invests $2 billion in capital funds…