NYC’s enhanced tax credit program put $280 million back in low-income families’ pockets: Mayor Adams

Mayor Eric Adams touted the success of New York City’s enhanced Earned Income Tax Credit (EITC) on Monday while helping to cut the ribbon for a new federal credit union branch in Queens.

The Urban Upbound Federal Credit Union branch, now open on 31-35B Steinway St. in Astoria, provides “affordable” financial services for New Yorkers, including access to capital, asset-building vehicles and an array of full banking services.