The NYC Council is pushing for billions in additional funding to enhance residential construction, preserve existing housing, and address maintenance needs at NYCHA. Responding to Mayor Eric Adams' preliminary budget proposal, they identified $6.3 billion in available resources missed by the mayor, stemming from increased tax revenue and underspending. This funding includes plans for a $4.4 billion investment in essential services for working citizens. The proposal also considers the impact of federal funding cuts under the Trump administration, necessitating a more robust budget approach.
The NYC Council is advocating for billions in additional funding for housing, maintenance issues at NYCHA, and improved staffing at housing agencies.
Council members identified $6.3 billion in resources overlooked in Mayor Adams' budget proposal, aiming to invest in services for working people.
Speaker Adrienne Adams emphasizes the need for an expanded budget proposal to cultivate resilience against potential federal funding cuts from the Trump administration.
Withdrawing $1.9 billion in spending temporarily allows the Council to navigate uncertainties posed by state budget outcomes and pending federal challenges.
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