New York state Comptroller Tom DiNapoli on Thursday delivered a major announcement in Kingston on the city’s finances.

DiNapoli delivered good news: Kingston is fiscally stable and making major investments in infrastructure, institutions and tourism. He also praised what the city has already done with climate change resilience, especially with the increased uncertainty on the federal level.   

“Much of this also was leveraging state grants, federal grants," DiNapoli said. "So if we're headed to a time now where there'll be less of that because of changes largely at the federal level, it shows how smart and what kind of foresight those earlier decisions were.” 

DiNapoli also discussed where the city needs to continue making strides, like in housing stock and affordability. 

City Mayor Steve Noble said it’s something city government will continue to prioritize. 

“Last year in the state budget, there was a program called 421-P that gives tax abatements for people to build mixed-income housing units for those that are, you know, 50 to 60% AMI. We're the first and only city so far in the state of New York to actually adopt that. And so we are trying to be creative and that has helped.”