Monday - February 23, 2026
NYC Mayor Mamdani and Governor Hochul Announce $1.5 Billion to Help Address City Fiscal Challenges
February 17, 2026
NEW YORK, Feb. 17 -- New York City Mayor Zohran Mamdani issued the following news on Feb. 16, 2026:

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Mayor Mamdani and Governor Hochul Announce $1.5 Billion to Help Address City Fiscal Challenges

* Governor commits $1 billion in City Fiscal Year 26 & $510 million in City Fiscal Year 27, including $510 million in recurring funding

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Today, Mayor Zohran Mamdani and Governor Kathy Hochul announced New York State will allocate . . .

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