Mayor Adams Announces Unprecedented $5+ Billion in Advance Payments to Be Made to City-Contracted Nonprofit Providers, Providing More Upfront Cash and Contracts to Providers Than Ever Before
NEW YORK – New York City Mayor Eric Adams today announced that, for the first time in city history, nonprofit providers contracted with the city will receive the highest-ever advance payments, estimated to over $5 billion, during Fiscal Year (FY) 2026, delivering much-needed upfront resources to organizations that provide critical services to the most vulnerable New Yorkers, including children, justice-involved individuals, older adults, people with disabilities, and those experiencing homelessness.