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Official news from the Office of the Governor
March 17, 2025

Protections Against Rising Prescription Drug Costs

Governor Hochul announced DFS Connect, a new online Department of Financial Services tool improving interactions and advancing efforts to protect New Yorkers from high drug prices.

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La Gobernadora Kathy Hochul y el Representante Paul Tonko anunciaron hoy la asignación de más de $270 millones a través del Crédito Fiscal Federal para Viviendas de Bajos Ingresos y subsidios para crear o preservar más de 1,800 viviendas asequibles, con apoyo y sostenibles en 28 desarrollos urbanísticos en todo el estado de Nueva York.

Governor Hochul and Representative Tonko announced more than $270 million has been awarded through the federal Low-Income Housing Tax Credit and subsidies to create or preserve more than 1,800 affordable, supportive, and sustainable homes in 28 separate developments across New York State.

Earlier, Governor Hochul visited Esco Pharmacy to speak with Danny Dang, the owner and President of Pharmacists Society of the State of New York, and highlight her Budget proposal to increase transparency requirements for Pharmacy Benefit Managers (PBMs) along with her 2025 State of the State proposal to put money back in New Yorkers’ pockets.

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