Making New York More Affordable
- Cut middle-class taxes to their lowest rates in 70 years.
- Raised New York’s minimum wage and tied future increases to inflation.
- Tripled the Child Tax Credit, providing families up to $1,000 per child under the age of four and up to $500 for school-aged children, beginning in 2026.
- Made school meals free for every student, saving families $1,600 per child every year.
- Sent Inflation Refund checks to 8.2 million New Yorkers — up to $200 for individuals and up to $400 for families.
- Increased the maximum weekly unemployment benefit by $300 a week.
Building More Housing
- Advanced a historic five-year, $25 billion housing plan to create or preserve 100,000 affordable homes, with 70,000 already completed or underway.
- Authorized the new 485-x housing incentive to drive construction of affordable homes and rescued 71,000 units that were at risk under the expired 421-a program.
- Enabled affordable housing incentives and helped unlock the ability to convert up to 120 million sq. ft. of underused office space into housing in New York City, paving the way for up to 18,000 more homes.
- Lifted an arbitrary limit on housing development that stifled growth in New York City for more than six decades, allowing thousands more homes to be constructed on the same lot. The authority was used for the recent Midtown South MX rezoning’s nearly 10,000 new homes.
- Committed an additional $1 billion to secure passage of “City of Yes for Housing Opportunity,” the most impactful pro-housing rezoning in New York City’s history, expected to produce more than 80,000 new homes.
- Created the Pro-Housing Communities Program, giving municipalities access to $750 million in state funding by adopting pro-housing policies. To date, nearly 400 communities have been certified, helping build up to 20,000 more homes statewide.
- Secured strong anti-price-gouging and eviction protections to keep renters safe from unreasonable rent spikes.
- Took action to curb mass home purchases by private equity, helping level the playing field for everyday homebuyers.
Making Child Care and Family Care More Affordable
- Delivered the largest investment in child care in state history, nearly $8 billion to date, expanding access and lowering costs for families with young children.
- Raised the eligibility so families of four making up to $108,000 can access child care for as little as $15 per week, putting 170,000 kids in child care seats.
- Provided hundreds of millions in grants to strengthen New York’s child care workforce.
- Established a nation-leading Prenatal Paid Family Leave policy, guaranteeing 40 hours of paid leave for prenatal medical care.
- Secured Medicaid coverage for doula services statewide and created the New York State directory of doulas.
Creating Economic Opportunity
- Secured Micron’s $100 billion investment in Central New York — the largest private investment in New York’s history, creating 50,000 jobs.
- Launched Empire AI, a first-of-its-kind consortium with New York’s leading universities to establish a world-class AI computing center.
- Landed a $1 billion Chobani expansion, the largest food manufacturing investment in the nation.
- Helped create more than 812,000 private sector jobs since August 2021.
- Delivered $760 million to over 40,000 businesses through the Small Business Recovery Grant Program.