Mayor Mamdani, City Council expand rental vouchers, cut back on cops in $126B budget deal
Summary
Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a city budget deal that expands housing vouchers aimed at preventing homelessness. The agreement resolves a dispute over a prevention program Mamdani had criticized as too costly.
Why it matters
The deal commits the city to spending more upfront to keep people housed, trading budget flexibility for a bet that prevention will cost less than shelter growth.