Mayor Eric Adams is set to unveil a $114.5 billion city government budget proposal Thursday that includes more than $500 million in new homeless shelter funding, according to documents reviewed by the.

The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.

City plans to build a live-in “safe space” care facility for homeless people with serious mental illness who are repeatedly treated and discharged from city hospitals, Mayor Eric Adams said Wednesday.

The mayor laid out an ambitious spending plan as economic experts braced for potential cuts from the Trump administration.

Mayor Eric Adams swiped back at critics of his newly-announced $650 million plan to tackle mental illness and homelessness Wednesday — saying “adults come up with real solutions.” The mayor was reacting to criticism by City Comptroller and 2025 Democratic primary opponent Brad Lander,