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New York Lawmakers Approve $237 Billion Budget with Key Housing and Education Provisions

The budget includes significant funding for housing, migrant support, and extends mayoral control of NYC schools, amid other measures.

  • New York's $237 billion state budget aims to boost housing construction with tax incentives for developers and protections for tenants.
  • $2.4 billion allocated to address the migrant crisis in NYC, enhancing housing, legal, and healthcare services.
  • The budget extends mayoral control of NYC schools for two years, emphasizing accountability and class size reduction.
  • Measures to combat unlicensed marijuana stores and improve public safety are included in the comprehensive budget.
  • The budget was finalized nearly three weeks past the original deadline due to extensive negotiations on various issues.
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