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Mayor Mamdani's Tax Hike Sparks Affordable Housing Controversy

2/21/2026

Summary

Story summary

New York City Mayor Zohran Mamdani emphasized affordable housing at an event honoring Rev. Jesse Jackson.
He criticized Immigration and Customs Enforcement's actions and urged raising taxes on the wealthy to close the budget gap.
He faces backlash for proposing a 9.5% property tax increase affecting 3 million homes.
Residents say the plan contradicts his affordable housing promises, and Mamdani acknowledged middle-class New Yorkers would be most affected.

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Story summary

New York City Mayor Zohran Mamdani emphasized affordable housing at an event honoring Rev. Jesse Jackson.
He criticized Immigration and Customs Enforcement's actions and urged raising taxes on the wealthy to close the budget gap.
He faces backlash for proposing a 9.5% property tax increase affecting 3 million homes.
Residents say the plan contradicts his affordable housing promises, and Mamdani acknowledged middle-class New Yorkers would be most affected.