Name: Yang Reaches NYC Matching Funds Threshold In Less Than A Month
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Yang Reaches NYC Matching Funds Threshold In Less Than A Month

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AdvertisementAndrew Yang has qualified for the city's generous matching funds by raising at least $250,000 from a minimum of 1,000 New York City donors, the campaign announced Sunday.The campaign said it has raised over $1 million from all donors, including New Yorkers and non-city residents. Roughly 11,000 people have donated in less than a month, a speed that the campaign touted in its memo. Should the city Campaign Finance Board independently verify Yang's numbers, it can position Yang to receive over $2 million in public funds. "We are the fastest campaign to ever reach the matching threshold," wrote campaign managers Sasha Ahuja and Chris Coffey. "We have scaled up in under 30 days with an average contribution of just $84, significantly below the other perceived frontrunners."The news about Yang's fundraising progress was first reported on Sunday afternoon by .Anthony Mercurio, a Democratic strategist, also tweeted details about the campaign's fundraising in a tweet.Some NYC mayoral race news: In less than one month,&nbsp; has done some amazing work. We have reached the $250,000 matching funds threshold from New York City donors, positioning the campaign to unlock over $2 million in public funds.— Anthony Mercurio (@meiamanthony)Once the CFB confirms the fundraising numbers, Yang would join fellow candidates Eric Adams, Scott Stringer and Maya Wiley in qualifying for matching funds. Under the , every dollar a New York City resident contributes, or up to $250, to a campaign, is matched by eight dollars in public funds, for a maximum of $2,000 per donor.Yang was a proven fundraiser during his presidential candidacy, in the last quarter of 2019. But some had wondered whether the excitement over Yang's presidential campaign would carry over into a mayoral campaign in New York City. Sunday's news, as well as a recent poll that put Yang far ahead of the pack in terms of both name recognition and favorability, suggests that it has.But others have warned against relying on polls this early in a primary race."The reality is folks are going to tune in later," Neal Kwatra, a Democratic political consultant who is not working with any of the campaigns, Gothamist last week.Yang earlier this month and has been mostly absent from mayoral forums. Do you know the scoop?below orWe rely on your support to make local news available to all."It puts more of a burden on New York — puts more of a burden on 49 other states."Read More In:

AdvertisementAndrew Yang has qualified for the city's generous matching funds by raising at least $250,000 from a minimum of 1,000 New York City donors, the campaign announced Sunday.The campaign said it has raised over $1 million from all donors, including New Yorkers and non-city residents. Roughly 11,000 people have donated in less than a month, a speed that the campaign touted in its memo. Should the city Campaign Finance Board independently verify Yang's numbers, it can position Yang to receive over $2 million in public funds. "We are the fastest campaign to ever reach the matching...

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Elizabeth Kim

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Yang Reaches NYC Matching Funds Threshold In Less Than A Month

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