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Remarks

Menin on city-backed insurance program goals

New York City Council · May 29, 2026 · starts 4:09:57 · 43 sec

Menin asks about the $100M city-backed insurance program over three years and its impact on reducing insurance premiums for affordable and rent-stabilized housing.

Julie Menin

In addition, I'm looking forward to learning about how the addition of $100 million over the next three fiscal years for the city-backed insurance program

Sam Levine

So we're going to be monitoring the student loan marketplace.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Julie Menin

will help to reduce property and liability insurance premiums, which is something that we have been very focused on at the council on the insurance angle and our new insurance accountability office.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Sam Levine

So we're going to be monitoring the student loan marketplace.

Julie Menin

So we want to understand the impact on affordable and rent-stabilized housing, and so we're looking forward to hearing your testimony in that regard.

Julie Menin

So once again, I want to thank the chairs for their leadership and the EDC team for being here.

Julie Menin

being here and we look forward to a very productive hearing.

Julie Menin

So let me pass it back to our finance chair.

Julie Menin

Great, thank you.

Julie Menin

And I will pass it to Chair Maloney.