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City Budget Wins Housing & Transit Aid | New York City News
City budget narrowly averted disaster with a major housing win: $300 million poured into rental assistance, helping thousands stay put. After dodging a $5.4 billion deficit without cutting core services, the mayor leveraged state aid and delayed pension payments—plus a new tax on luxury second homes. A heated legal battle over housing vouchers is now settled, hailed by advocates as a victory for those facing homelessness. Meanwhile, the Fair Fares transit program expands eligibility to 200% of federal poverty, offering half-price rides to more low-income families. Not perfect, but a crucial…
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