Failed Housing Agenda Marks Hochul Budget Win

Governor Kathy Hochul announced a $229 billion budget deal after a monthlong stalemate.
Hochul's plan to build 800,000 new homes over 10 years was not included in the final budget.
The budget includes changes to bail laws, a minimum wage increase, and more Medicaid funding but little on housing.
Housing advocates criticized the lack of investment in affordable housing.
The budget deal is a victory for Hochul but a defeat for her housing agenda and New York renters struggling to afford living costs.