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Mamdani promised bigger housing vouchers, then reversed course. The final deal: $175 million, not the $500 million the Council wanted

Mayor Zohran Mamdani and Council Speaker Julie Menin finalized a $125.8B NYC budget including $175M for new housing vouchers, not the $500M Council sought, and expanded Fair Fares for 340K more residents.

Mamdani promised bigger housing vouchers, then reversed course. The final deal: $175 million, not the $500 million the Council wanted
A classroom scene from Advocates for Children of New York — not related to the city budget or housing voucher negotiations.
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New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a handshake deal on a $125.8 billion Fiscal Year 2027 budget on June 30. The plan expands rental assistance to tens of thousands of low-income New Yorkers and extends transit discounts to 340,000 more residents. A last-minute housing voucher dispute nearly sank the agreement, according to reporting by City Limits and City and State.

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Featured image: Courtesy advocatesforchildren.org

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