Zohran Mamdani: “We are creating a pre-qualified roster of developers to cut…”

“And we're all here together today for an announcement where we launch the Neighborhood Builders Fast Track. What does that mean? Because I know it doesn't explain itself. What this means is that We are creating a pre-qualified roster of developers to cut down on pre-development time for new projects from 18 months to 10 months. Now, when you couple that with the referendums that were passed just late last year, that means that we are cutting down on the time it takes to build affordable housing in this city by up to two and a half years.” (01:03–01:10)

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.