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Eric Adams: “$5 billion going into even NYCHA, which historically left…”

Featuring: Eric Adams, Democratic | Mayor of New York

Eric Adams and Hakeem Jeffries Announce Affordable Housing Initiative in Coney Island

Published July 28, 2025 | Video Starts at 04:20

Not only are we saying it, but even experts are saying it. The most pro housing administration in the history of this city. $5 billion going into even NYCHA, which historically left off our housing plan for so many years. We're turning that around. And so we're moving towards this moonshot goal by 2032 of 500,000 new units of housing in our city. And we are truly on the road to accomplish that task. (04:20–04:29)

CLAIM

Asserts that $5 billion is being invested in NYCHA.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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“Moonshot goal by 2032 of 500,000 new units of housing in our city.”
Eric Adams and Hakeem Jeffries Announce Affordable Housing Initiative in Coney Island | Uploaded July 28, 2025 | 04:31-04:38