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Zohran Mamdani: “This capital plan also makes major investments in nycha…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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BREAKING: NYC Mayor Zohran Mamdani Unveils FY27 Preliminary Budget With Potential Property Tax Hike

Published | Video Starts at 15:23

We are showing you here the city's $113 billion preliminary five year capital plan. Those investments span transportation, environmental protection, housing, schools and other core priorities. The physical foundation of a thriving city. This capital plan also makes major investments in nycha developments including $662 million in fiscal year 2027 to boost renovations. and over $38 million specifically to install heat pumps in more than 700 housing units in the Rockaways. We will also invest over $48 million in the expansion of the adult Comprehensive Psychiatric Emergency program at Bellevue Hospital. (15:23–15:33)

CLAIM

Asserts that $662 million is allocated for NYCHA renovations in fiscal year 2027.

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.

Zohran Mamdani

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