FY27 City Adopted Budget Summary
Jul.20.2026
On June 30th, Mayor Mamdani and the New York City Council reached an agreement on the Fiscal Year 2027 Adopted Budget, with the Council approving a $125.8 billion spending plan. The adopted budget is approximately $1.1 billion above the FY27 Executive Budget.
Continue Reading …The Network Testifies at the New York City Council Committee on Finance FY27 Executive Budget Hearing
Jun.15.2026
On June 10th, the Network’s Policy & Programs Manager Katie Mui testified at the New York City Council Committee on Finance FY27 Executive Budget Hearing. Katie acknowledged the Council’s Progressive Caucus ‘Rentals Within Reach campaign, and applauded their leadership, vision and recognition of the importance of preserving supportive housing.
Continue Reading …The Network Joins the New York City Progressive Caucus Rentals within Reach Press Conference
Jun.03.2026
On June 2nd, the Network joined the New York City Progressive Caucus for a press conference unveiling their FY27 budget proposal, Rentals within Reach. The campaign calls for strategic investments to ensure more than 20,000 New Yorkers have access to safe, high-quality publicly funded housing — including supportive housing. One of the proposal’s two major priorities is a $78 million investment to preserve and renovate supportive housing units across New York City.
Continue Reading …New York City FY27 Executive Budget Summary
May.13.2026
On May 12, 2026, Mayor Mamdani released FY27 Executive Budget, totaling $124.7 billion, up from $115 billion in FY26. After reducing a $12 billion deficit, the Executive Budget is balanced without the proposed property tax increases highlighted in the Preliminary Budget proposal.
Continue Reading …The Network’s Statement in Response to Mayor Mamdani’s Announcement to Invest $12M in Peer-Led Substance Use Recovery Services
May.11.2026
The Network released the following statement in response to Mayor Mamdani’s announcement that the City has secured $12 million to invest in peer-led substance use recovery services.
Continue Reading …The Network Joins HSC’s Human Services Advocacy Day
Mar.11.2026
On March 9th the Network joined the Human Services Council for its Human Services Advocacy Day in Albany. The Network attended six meetings with lawmakers and participated in a press conference and rally at the Senate Chambers.
Continue Reading …The Network’s Statement in Response to the New York State Senate and Assembly One-House Budget Proposals
Mar.10.2026
The Network released the following updated statement on March 13th, in response to the New York State Senate and Assembly one-house budget proposals.
Continue Reading …New York City FY27 Preliminary Budget Summary
Feb.26.2026
On February 17, 2026, Mayor Zohran Mamdani released the City’s FY2027 Preliminary Budget totaling $127 billion. The administration identified a $12 billion inherited budget deficit, attributing it in part to prior underfunding in key areas, including supportive housing. Through a combination of agency savings, use of reserves, increased revenues, and $1.5 billion in additional State support, the City reports that it has reduced the projected deficit to $5.4 billion. To close the remaining gap and balance the adopted budget, the Mayor has proposed a 9.5% property tax increase. The administration has indicated that this increase could be reconsidered if the State authorizes higher taxes on high-income earners and profitable corporations.
Continue Reading …NYS HCR 9% Awards Announced
Feb.18.2026
On February 17th, Governor Kathy Hochul announced more than $240 million in tax credits and subsidies was awarded to create and preserve 1,800 affordable, modern homes in 27 housing developments across New York. Supportive Housing is a component of 17 (63%) of those projects, totaling 504 units. Of those:
Continue Reading …The Network’s Statement in Response to Governor Kathy Hochul’s 2026 State of the State Address and Book
Jan.13.2026
The Governor’s State of the State agenda includes important policy proposals that recognize the essential role supportive housing plays in New York’s housing, health, and homelessness response systems.
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