Mayor Adams Announces Release of $93 Billion Fiscal Year 2026 September Capital Commitment Plan Focused on Critical Investments That Lift Working-Class New Yorkers, Promote Health and Safety, and Boost Affordable Housing Production

NEW YORK – New York City Mayor Eric Adams today announced the release of the $93 billion Fiscal Year (FY) 2026 September Capital Commitment Plan — the largest September Capital Commitment Plan in city history — which includes new investments the Adams administration made over this budget cycle in affordable housing, public safety, education, cultural institutions, and more. The September Capital Commitment Plan also includes new capital investments, accelerates nearly $2 billion in funding to address the affordable housing crisis, and uses pre-existing resources to meet urgent infrastructure needs that support the health and safety of New Yorkers across the city, as well as boost economic development. Critically, not a single capital project was cut or had funding reduced under this plan. Investments made in and along with the September Capital Commitment Plan bring the city’s 10-Year Capital Plan to a record level of $182.8 billion.

“Building off our ‘Best Budget Ever,’ we are proud to unveil the largest September Capital Commitment Plan in New York City history that invests in a safer, more affordable city for the working-class people of this city,” said Mayor Adams. “This $93 billion plan makes the smart and forward-looking investments in the capital and infrastructure projects that will build our future. And, because we are the most pro-housing administration in city history and we are endlessly coming up with creative ways to address our generational housing crises, our September Capital Plan accelerates $1.8 billion in funding for affordable housing for both working-class New Yorkers and our city’s public housing residents. That means major affordable housing construction and rehabilitation efforts will happen now — when they are most needed — because we do not have time to wait to deliver the real relief New York City needs to become the best place to raise a family.”

The September Capital Plan is the largest in city history and reflects $2.6 billion in new capital investments on top of the $2.2 billion made in the FY 2026 Adopted Budget, which included; $1 billion to support the Metropolitan Transportation Authority’s (MTA) capital plan, $254.6 million to support New York City’s world-class cultural institutions, $239.5 million in additional investments for educational purposes, $207.6 million in improvements to city parks, $85.4 million for affordable housing needs, $52.4 million in upgrades for the city’s different library systems, $40.3 million in new investments at NYC Health + Hospital facilities, $39.5 million in improvements for The City University of New York facilities, and more.

New additions of $2.6 billion to the capital plan since the Fiscal Year 2026 budget adoption in June 2025 include:

• Advancing the Adams administration’s bold new vision for Coney Island by preserving the iconic Coney Island boardwalk and adding resiliency features ($1.04 billion).
• Supporting the MTA’s capital plan ($800 million).
• Funding $182.4 million in infrastructure and parks improvements related to the Atlantic Avenue Rezoning Plan as part of capital investments made to support the Adams administration’s New York City Strategy for Equity and Economic Development Fund, which will create jobs, housing, and economic opportunities, particularly in areas that have experienced disinvestment, including the following:
  • Comprehensive redesign of Atlantic Avenue in Brooklyn between Flatbush Avenue and Bedford Avenue ($120 million).
  • Park renovations in Crown Heights and Prospect Heights, Brooklyn:
    • John Hancock Playground ($25 million)
    • Potomac Playground ($14.1 million)
    • Dean Playground ($12.3 million)
    • James Forten Playground ($10.6 million)
    • Lefferts Place Community Garden ($500,000)
• Continuing the Adams administration's efforts to bridge the digital divide and invest in a more affordable city for working-class New Yorkers by distributing 350,000 new internet-enabled devices for free to K-12 New York City Public Schools students ($129.3 million).
• Addressing East Side Coastal Resiliency project needs, including soil remediation, increased materials costs, and improved flood protection design and delivery ($91.6 million).
• Replacing at least 145 Fire Department of the City of New York (FDNY) ambulances that are reaching the end of their useful life ($91 million).
• Reconstructing the existing 34th Street Ferry landing to add additional slips for vessel docking in an effort to reduce crowding, improve service, and reduce delays at the current landing ($75 million).
• Funding for infrastructure, parks, and school improvements with $71.8 million in investments connected to the Midtown South Rezoning Plan launched by the Adams administration to transform outdated industrial areas in Midtown South into a dynamic live-work neighborhood, including:
  • Broadway Vision Plan Expansion between West 33rd Street and West 38th Street and Herald Square and Greeley Square ($50 million).
  • Redesigning and upgrading McCaffrey Playground ($13.5 million).
  • Improvements to P.S. 11, P.S. 33, P.S. 340, the High School of Fashion Industries, and the Jacqueline Kennedy Onassis High School ($6.1 million).
  • New sports field lighting at St. Vartan Park ($2.2 million).
• Funding to reconstruct the basketball court, pickleball court, playground, lawn, adult fitness equipment, and dog run at Printer’s Park in the Bronx ($16.7 million).
• Funding renovations within the Jewish Children’s Museum ($16.3 million).
• Funding to install radio communication systems to ensure systemwide communications for staff working at the Brooklyn Borough Based Jail facility ($14.3 million).
• Adding funding to help complete Phase 1 of the QueensWay project that will transform an abandoned railroad line into five acres of new park space. ($14 million).
• Renovating Ittner Place Park in the Bronx by turning a vacant lot into a basketball court and skate park ($8.7 million).
• Adding funding to accelerate completion of the Bronx Animal Care Center, which will be substantially completed by January 2026 ($6 million).
• Developing an application to streamline the Mayor’s Office of Criminal Justice’s ability to consolidate and review data from partner city agencies and service providers to enable more effective individualized decisions around social services or alternatives to incarceration that are available to justice-involved individuals ($4.1 million).
• Funding a commemorative landscape to be added alongside a Holocaust Memorial at Queens Borough Hall ($2 million).

Along with newly added resources, agencies will be allocating more than $2 billion  in pre-existing capital funding, including:

• Accelerating $1.8 billion in funding from capital plan outyears to speed up creation and renovation of thousands of new affordable homes to address a generational affordable housing crisis.
  • Allowing the New York City Department of Housing Preservation and Development to close on additional housing developments in the near term and build approximately 4,000 new affordable housing units more quickly than originally planned. ($1.5 billion).
  • Expediting the rehabilitation of nearly 2,500 more homes through the New York City Housing Agency (NYCHA) Section 8 Conversions (NYCHA Permanent Affordability Commitment Together and the Public Housing Trust) in the current fiscal year ($300 million).
• Expanding the automated traffic camera program by installing 300 additional bus lane cameras and increasing the number of red-light cameras to 600 intersections ($315 million).
• Completing wetlands restoration at Idlewild Park, including marsh elevation, construction of living shorelines, and planting of native trees shrubs and grasses ($38 million).
• Installing a Sprung Structure over one of the two basketball courts at the Crossroads Juvenile Detention Facility to create an additional 28 beds and two classrooms needed to address capacity issues ($24 million).
• Upgrading the Staten Island Composting Facility to more effectively contain litter and food waste ($19 million).
• Increasing space at the new Brownsville Recreation Center to meet current community programming needs ($13.3 million).
• Building an enclosed climate-controlled physical training space at the FDNY’s Fire Academy Training Fieldhouse for probationary firefighters who engage in physical training outdoors in order to reduce the risk of rhabdomyolysis, a serious muscle-damage related injury that can impact firefighters due to the inherent injury risks in their training and jobs ($6 million).
• Adding funding for the renovation of the Brooklyn Animal Care Center, which will be substantially completed by the fall of 2026 ($2.6 million).

The September Capital Plan follows the release of and further builds on an on-time, balanced, and fiscally responsible $115.9 billion Adopted Budget for FY 2026, which built on the FY 2026 Executive Budget, often called the “Best Budget Ever.” The Executive Budget doubled down on Mayor Adams’ commitment to make New York City the best place to raise a family by, among other things, investing in “After-School for All,” a $755-million plan to deliver universal after-school programming to families of children in kindergarten through eighth grade; baselining funding for 3-K citywide expansion and special education pre-K to build on the administration’s work to dramatically expand access to early childhood education; investing over $400 million to fully fund the transformation of Fifth Avenue in Manhattan into a world-class, pedestrian-centered boulevard; and revitalizing “The Arches,” the public space on the Manhattan side of the Brooklyn Bridge. The FY 2026 Adopted Budget was also the first to implement Mayor Adams’ landmark “Axe the Tax for the Working Class” plan, which abolishes and cuts New York City's personal income tax for filers with dependents living at or below 150 percent of the federal poverty line. Because of this plan, which the Adams administration successfully fought to pass in Albany this budget cycle, $63 million will go back into the pockets of over 582,000 low-income New York filers, including their dependents, helping make New York City more affordable for working-class families.

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