![]() ![]() With this critical expansion, we are making sure no one falls through the gaps again.” ![]() Too many working families suffered because of COVID-19, losing wages and falling through our social safety net. “The additional $250 million annually in EITC reaches 800,000 New Yorkers - putting money back in their pockets for food, bills, and rent. ![]() Today, we say to New Yorkers: promises made and promises kept,” said Mayor Adams. “Earlier this year, I told New Yorkers I would fight for them by expanding the Earned Income Tax Credit. Additionally, the city committed to investing $250 million annually to EITC and will receive a one-time state payment estimated at $100 million. At today’s event, Mayor Adams announced over 800,000 families will benefit from the enhancement. The EITC enhancement was part of a campaign pledge from the administration to bolster the social safety net and expand services for working families in New York City. NEW YORK – New York City Mayor Eric Adams today was joined by elected officials and community leaders to celebrate the enhancement of the Earned Income Tax Credit (EITC) in the state budget. Over 800,000 New York City Families to Benefit From EnhancementĬity to Invest $250 Million Annually and Receive One-Time State Payment Estimated at $100 Million ![]()
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