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Scott Stringer: “When I was comptroller, we did use that money to ensure…”

Featuring: Scott Stringer, Democratic | Former Candidate, Mayor of New York City

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New York City Retirees' Mayoral Candidate Interview with Scott Stringer

Published | Video Starts at 24:36

And the second question is what technically would be affordable? Well, look, you know, in the pension fund, we have a set aside in the pension fund, you know, for economically targeted investments. And When I was comptroller, we did use that money to ensure affordable housing in, you know, in many rent stabilized units. And we worked with the National Union funding mechanism to invest in affordable housing. We did it for two reasons. (24:36–24:44)

CLAIM

Asserts that Scott Stringer used pension fund money to ensure affordable housing in rent-stabilized units during his tenure as comptroller.

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