September 10th is the scheduled start date for Mayor Mamdani’s universal childcare program for 2-year-olds. It is now twelve days away. Hundreds of daycare providers across New York City have not received the funding they need to buy classroom furniture, pay newly hired teachers, or stock basic supplies like pencils and paper. Some have warned parents that their centers will not open on time. The city’s promised bridge loans aren’t arriving either.
One Bronx daycare owner, Nurita Love, put it with devastating simplicity: “Yes, they have a 2-K program, but they didn’t set up the infrastructure to make it work.”
Love’s monthly expenses exceed $320,000. With no city funds arriving, she took out a personal loan and a reverse mortgage on her house to cover her employees, utilities, and insurance. She is subsidizing Mamdani’s signature government program with her own home equity because the government that promised to pay for everything didn’t set up a functional payment system.
Mamdani’s signature childcare program in trouble weeks before rollout.
Delayed funding
Bridge loans not arriving
Good reporting from the NYThttps://t.co/xx3LRQODWR pic.twitter.com/NAtVfZRVuj— Alex Thompson (@AlexThomp) August 29, 2026
This is socialism in its natural state. Not the campaign poster version with free childcare and free buses and government grocery stores at 30 percent below retail. The real version, where the promises get made, the infrastructure doesn’t get built, the money doesn’t arrive, and actual human beings — in this case, Bronx daycare operators — drain their personal savings and mortgage their homes to keep a government program running.
The program is also considerably more expensive than advertised. Mamdani’s campaign sold universal childcare at one price. The actual cost came in roughly $3 billion higher — driven in part by what it costs to pay the teachers the plan requires. The program was always going to cost more than promised. These things always do. The only question was whether the cost overruns would surface before or after the election.
They surfaced after. Two weeks before the start date, with parents expecting care that providers can’t fund, bridge loans that haven’t arrived, and a mayor’s office spokesperson issuing a statement promising to “work around the clock” to fix delays described as “unacceptable.”
The spokesperson’s name is Jenna Lyle. She said the delays were unacceptable. She did not say when the money was coming.
This is the complete Mamdani policy record at eight months in. Free buses — still $3, and the MTA is $31 million short. Government grocery stores — open to anyone on earth with no ID verification, currently an empty parking lot under the Metro-North viaduct. Rent freeze — drove Manhattan rents to all-time highs while rigging the board that approved it. Pied-à-terre tax — a broken exemption process that nearly forced an 81-year-old widow to pay $42,000 to prove she lives in her own home. And now universal childcare — $3 billion over budget, payment infrastructure nonexistent, start date two weeks away, daycare providers mortgaging their houses.
He promised everything. He delivered nothing. The city is paying for it literally — with personal loans and reverse mortgages.
