Zohran Mamdani: “We will send all eligible nonprofits the 50% advance…”

“Was there some other way that you figured out how to avoid your cash balance dropping too low? So our partners in the nonprofit sector, as you heard from finance chair lead, deliver vital services to New Yorkers. And We will send all eligible nonprofits the 50% advance payments that would put us in full compliance with the council law. I'm going to pass it over to our budget director Solomon to add some additional details. Thank you, Mayor.” (25:45–25:52)

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.