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New York Environmental Bond Act

How New York City Has Lost Out on $4.2 Billion in State Green Bonds

Voters in New York City were the biggest backers of the Environmental Bond Act, but funding formulas have steered nearly every dollar upstate, with the city getting just 2 percent so far.

By Samantha Maldonado, THE CITY

Streets were flooded in South Williamsburg as Tropical Storm Ophelia hit the city on Sept. 29, 2023. Credit: Gwynne Hogan/THE CITY

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