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 ReadingThe 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 ReadingThe 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 ReadingThe 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 ReadingNew 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 ReadingNYS 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 ReadingThe 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.
Continue ReadingMayor Adams and City Council Reach Deal on $115.9 Billion FY26 Adopted Budget
Jul.01.2025
On June 30th, City Council voted to approve the $115.9 billion FY26 Adopted Budget up from $112.4 billion in the FY25 Adopted Budget, and increased from $114.5 billion proposed in the FY26 Preliminary Budget.
Continue ReadingFY 2025-26 Adopted State Budget Analysis
May.15.2025
The FY 25-26 State Budget has passed on May 8th, 2025. The Network appreciates the support of our key advocacy priorities. Read our statement here.
Continue ReadingCity Council Response to the Mayor’s FY26 Preliminary Budget
Apr.08.2025
On April 1, 2025, the New York City Council released its response to the Mayor's FY26 Preliminary Budget, proposing an additional $4.4 billion in expense spending to fill budget gaps, reverse cuts, and boost funding for critical programs. They're also recommending $2.8 billion for capital investments and plan to use a $1.9 billion surplus to meet emerging needs and build up reserves for unexpected risks.
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