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Mamdani and Menin strike $125.8 billion budget deal that expands housing vouchers

Mayor Mamdani and Speaker Menin struck a $125.8 billion budget deal adding $175 million in rental assistance and expanding NYC's CityFHEPS housing vouchers.

Mamdani and Menin strike $125.8 billion budget deal that expands housing vouchers
Mayor Zohran Mamdani and Council Speaker Julie Menin announce a budget agreement at City Hall on June 29, 2026. Credit: Michael App
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Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a $125.8 billion budget deal at the end of June that pours an extra $175 million into rental assistance, widens who can qualify for the city’s biggest housing voucher, and ends the lawsuit the city had been fighting to keep that voucher from growing. The agreement was first reported by The City, and the Council passed it hours later by a 45-6 vote.

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Featured image: Credit: Michael Appleton/Mayoral Photography Office

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