Zohran Mamdani: “These 400,000 homes will be affordable for working people.”

“Helping us connect thousands of those in need with permanent housing. Second, I am proud to announce for the first time in our administration that we will preserve and stabilize an additional 200,000 homes. Together, These 400,000 homes will be affordable for working people. And they will be made possible by historic $22 billion capital investment over five years. When it comes to affordable housing, no plan of this scale has ever been imagined by a past mayor, let alone proposed.” (11:29–11:34)

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.