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Mayor Adams: $2B Affordable Housing Boost, 10-Year Plan Hits $26B Record

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NYC 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. The mayor 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 across FY25 and FY26 to the New York City…

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