Kathy Hochul: “My first budget five years ago, I announced we'd build…”

“So in reality, within the budget from this year, how soon can people see affordability in terms of housing come down? What I've done is a couple of things. One is My first budget five years ago, I announced we'd build 100,000 affordable homes in the state of New York. We're actually ahead of schedule. We have 82,000 and I'm ahead of schedule. So. So it's happening. But also I realize the laws that are in place now, something called seeker, it's a complicated law, but it adds almost two years to every project and additional costs.” (01:21–01:30)

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.