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On June 30, the City Council formally adopted the $115.9 billion FY 2026 budget. The budget includes funding to pilot a new free child care program for children under 2 years old, along with a significant increase in City...more
New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more
NYC Agencies Asked to Reduce Vacancies by Half- Last Monday, Office of Management and Budget Director Jacques Jiha sent a memo to heads of NYC agencies asking them to continue mining their budgets for efficiencies and...more