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Mar 06, 2026

Mamdani Abandons Major Campaign Promise On ‘Affordable Housing’

New York City Mayor Zohran Mamdani is scaling back a key campaign pledge on affordable housing as the city confronts a multibillion-dollar budget shortfall. His administration is now appealing a court order that would require the city to expand its rent voucher program, a costly initiative designed to help low-income residents cover housing expenses.

At the same time, Mamdani announced a new “Neighborhood Builders Fast Track” program aimed at accelerating affordable housing construction on city-owned land. He unveiled the initiative at a city-owned site in the Bedford-Stuyvesant neighborhood. The location is one of three identified for expedited development, with additional sites in the Bronx and Queens, ABC7 reported.

“New Yorkers cannot afford to wait any longer,” Mamdani said. “We are creating a pre-qualified roster of developers. We are cutting down on the time it takes to build affordable housing in this city by up to two and a half years.”

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