Mayor Mamdani, Speaker Menin Agree on $125.8 Billion Budget for NYC

NYC 2027 budget to include $175 million rental voucher program expected to benefit Jews, others

New York City’s top elected officials on Tuesday approved a $125.8 billion budget for the 2027 fiscal year which includes creating a $300 million housing voucher program that experts say is likely to benefit the Jewish community.That program, details of which have yet to be released, will begin with a $175 million allocation for the fiscal year, city officials announced. The balance will be included in New York City’s 2028 budget.Leaders of Jewi…

Mayor Mamdani, City Council Speaker Menin reach handshake deal on $126 billion NYC budget

NEW YORK — Mayor Zohran Mamdani and City Council Speaker Julie Menin announced a handshake deal Tuesday morning on the city budget that includes an additional $300 million on the contentious issue of housing vouchers, marking an end to a…

Mamdani, NYC Council reach deal on $126 billion final budget

Mamdani, City Council strike $125B budget deal without NYPD expansion

NEW YORK (VINnews) — Mayor Zohran Mamdani and the New York City Council reached a handshake agreement Tuesday on a balanced $125.8 billion budget for fiscal year 2027, ending days of negotiations just hours before the July 1 deadline. The agreement includes $300 million for a new rental assistance program designed to expand housing aid […]

Mayor Mamdani, Speaker Menin agree on $125.8 billion budget for NYC

NEW YORK CITY (PIX11) -- Mayor Zohran Mamdani and City Council Speaker Julie Menin have agreed to a $125.8 billion budget that includes a new housing voucher program. It's a slightly bigger budget than the mayor's proposed executive budget, which came in at $124.7 billion. The mayor must get the City Council's approval to pass [...]

NYC BUDGET: Mamdani, City Council reach $300M housing voucher deal on deadline day to finally end fiscal standoff

Mayor Zohran Mamdani and the City Council reached a $300 million agreement Tuesday to expand housing voucher access, resolving a days-long budget standoff over rental assistance and setting up the end of a legal fight over the Council’s 2023 CityFHEPS reform laws. The deal, announced as part of Mamdani and Speaker Julie Menin’s budget handshake on deadline day, June 30, commits $175 million in Fiscal Year 2027 and baselines another $125 million …