(Albany, NY) Today, Senator Brian Kavanagh, Chair of the Senate Committee on Housing, Construction and Community Development announced details of the New York State Adopted Budget, which would provide $5.5 billion in capital investments and $2.5 billion in other expenditures for housing and related services, for a total of $8 billion benefitting renters, homeowners, and homeless New Yorkers.
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Albany, NY) Today, the Senate Majority will pass its one-house budget resolution that delivers emergency aid to help New York recover from the COVID-19 pandemic and invests in a brighter, more equitable future by fully funding essential services and putting more money in the pockets of working and middle-class families. The Senate resolution increases total school aid by $5.7 billion, provides billions in residential and commercial rental and foreclosure assistance, restores critical funding to our health care system, and jumpstarts our economy with investments in transportation and small businesses. The Senate Majority’s proposal asks the wealthiest New Yorkers to pay their fair share rather than balancing the budget on the backs of working families.