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Mayor Adams Announces Unprecedented $5+ Billion in Advance Payments to Be Made to City-Contracted Nonprofit Providers, Providing More Upfront Cash and Contracts to Providers Than Ever Before
April 29, 2025
NEW YORK, April 29 -- New York City Mayor Eric Adams issued the following news:

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Mayor Adams Announces Unprecedented $5+ Billion in Advance Payments to Be Made to City-Contracted Nonprofit Providers, Providing More Upfront Cash and Contracts to Providers Than Ever Before

April 29, 2025

City Estimates Advancing Nonprofits Over $5 Billion in FY 2026,

Up from $2.8 Billion in Initial Advances Issued During FY 2025

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