Adams says his NYC mayoral campaign qualifies for $4.4 mn in matching funds

Our Bureau
New York 

Borough President Eric Adams has released the following statement after the New York City Campaign Finance Board announced that his campaign for mayor qualified for the release of approximately $4.4M in matching funds. Adams is only one of two candidates for mayor whose campaign met the contributor and low-donor thresholds to receive funds; and the amount granted to the Adams’ campaign was greater than any other candidate’s for next year’s elections. 

“I am so proud of our campaign for reaching this fundraising milestone—and for doing it the right way. Every day New Yorkers making low-dollar contributions have powered our movement from the beginning. Thousands of New Yorkers who gave only what they could to our campaign may have each made small contributions, but now, together, their voice is big. We have received nearly 7,000 contributions from New Yorkers from every walk of life who live in every corner of our city—and low-dollar donations from working people make up the vast majority of what we have raised,” the statement said. 

“This campaign is about a better future for working people and those who are struggling, where more effective government and a fairer economy drive growth and better quality of life for all, not just the few. I am honored to have the support of New Yorkers like me, who have faced hardships but still believe in this city and its limitless potential when we are united behind strong, clear leadership,” it added. 

Adams details housing priorities

Our Bureau
New York

Mayoral candidate Eric Adams detailed his housing priorities in a Crain’s New York op-ed out this week, writing that historic injustices in our housing stock must be urgently addressed by adding new units in high quality of life neighborhoods, converting some office buildings to apartments, and allowing for smaller units, SROs and basement apartments.

“Housing – including affordable housing – can be and should be put anywhere it can go as long as it benefits those who need it,” Brooklyn Borough President Adams wrote. “For years, we have had our land use policy backward. Our rezonings have been mainly in lower-income areas, which has moved wealthier people into working-class neighborhoods, when we should be moving working-class folks into neighborhoods with a high quality of life.”

“Failures to add needed new affordable housing in gentrified areas has led to gentrification and displacement elsewhere,” he added. “Meanwhile massive, sudden increases in density in lower-income areas changed neighborhoods overnight, often raising the cost of living for longtime residents or forcing them out altogether,” he wrote.

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