Zohran Mamdani: “We will invest nearly $5 billion in the next two years into…”

“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. We will invest nearly $5 billion in the next two years into HPD's new construction capital budget. to subsidize project including housing for seniors and 100% affordable housing for low income New Yorkers. And we will pursue the meaningful zoning, regulatory and land use reforms that will unlock our building capacity.” (02:11–02:18)

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