Your guide to NYC's public proceedings.
AGENCY TESTIMONY
Affordable housing initiatives and tax relief for working families
0:21:14
ยท
76 sec
Jacques Jiha details the city's investments in affordable housing initiatives and tax relief programs aimed at supporting working-class New Yorkers and families.
- Full funding for the 'City of Yes for Housing Opportunity' initiative, expected to create up to 80,000 new homes.
- $5 billion investment in housing and infrastructure over the next 15 years, including $1 billion from New York State.
- Increased investment in the Anti-Harassment Tenant Protection Program for legal services.
- Funding for the 'Axe the Tax for the Working Class' proposal, which will provide tax relief to 582,000 tax filers and their families.
- The tax relief program is expected to put $63 million back into the pockets of eligible New Yorkers.
Jacques Jiha
0:21:14
To address the affordable housing crisis, we have fully funded the historic city of years for housing opportunity, the most significant update to the city zoning in more than fifty years, which we are proud to have passed with this city council.
0:21:32
This ambitious legislation will create up to 80,000 new homes and invest $5,000,000,000, which includes $1,000,000,000 from New York State, in housing and infrastructure over the next fifteen years.
0:21:47
To keep people in their homes, we have deepened our investment in the anti harassment harassment tenant protection program legal services to proactively engage more tenants experiencing landlord harassment And to help put more money in the pockets of vulnerable New Yorkers, we have funded the mayor's innovative axe the tax for the working class proposal to bring significant tax relief to working families By eliminating and cutting city personal income taxes for eligible tax filers, we'll be putting $63,000,000 back in the pockets of 582,000 tax filers and their families.