Zohran Mamdani: “We will invest $22 billion over five years to build 200,000…”

“And it will allow us to build at the scale this crisis requires by cutting red tape and providing the investment needed to break ground. We will invest $22 billion over five years to build 200,000 affordable homes, preserve 200,000 more. all while making it easier to build housing of all kinds across our city. To do so, we will partner with the private sector and use every tool at our disposal, including, but not limited to direct subsidy, zoning changes and new financing tools.” (01:45–01:54)

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.